Line Corp to shake up staff and business

Tokyo

LINE Corp is planning to shake up its staff and business to build on the 20-plus per cent share gain since the messaging company pulled off the technology world's biggest public offering (IPO) of the year.

Chief executive officer Takeshi Idezawa is tapping top lieutenants Jun Masuda and Joongho Shin to lead the hunt for fresh growth ideas. Their new responsibilities will be announced as part of a broader revamp of the Tokyo-based company's corporate culture at a town hall meeting in mid-January, two people familiar with the matter said.