LINE Pay Taiwan Limited Lists on the Taiwan Stock Exchange

1 Exchange rate: US$1=NT$32.42, as of December 5, 2024

With its public debut on the Taiwan Stock Exchange, LINE Pay Taiwan aims to transform from being a payment provider into a global payment marketing platform.

"As part of our future strategy, we will further expand the LINE Pay ecosystem by focusing on cross-border payments in both inbound and outbound businesses," said Woong-ju Jeong, chairman and CEO of LINE Pay Taiwan. "While strengthening our domestic services, LINE Pay Taiwan plans to venture into overseas markets to explore new business opportunities."

LINE Pay Thailand, a provider of online and offline payment solutions, has been managed by LINE MAN Wongnai since its acquisition in August 2023. The platform now serves over 9 million registered users, offering a wide range of services such as digital wallets, payment transactions, money transfers, and top-ups. LINE Pay users in Thailand can use their mobile phones for mass transit tickets, payments for goods and services, utility bill settlements, and more. LINE Pay Thailand is also a key part in the ecosystems of LINE MAN Wongnai and LINE Thailand.

Since launching in August 2015, LINE Pay Taiwan has grown steadily, becoming the leading mobile payment provider in Taiwan with over 12.7 million registered users — more than half of Taiwan's population. The company also has over 570,000 points of sale across the country, three times more than the biggest acquiring banks, and has turned a profit each year since 2021.

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