Asia's leading messaging apps Line (85 million users), WeChat (200 million users), Nimbuzz (100 million users) and Kakao Talk (70 million users) are pulling away from the pack, where Western services like Kik (30 million users), WhatsApp (userbase unknown) and Tango (80 million users) are also
seeing strong growth globally.
Not exact matches
Over in Asia, Nikkei was closed for Holiday as Goldman Cuts Japan's
Growth Outlook this AM - Shanghai
saw more profit - taking despite
strong trade data - India bounced from the recent selling there, While Aussie closed off 60bp despite a bounce in the miners - dragged lower by continued selling in Tech and Industrials
globally.
«I would argue that the revenue
growth is
stronger than the subscriber potential with pricing power that we
see globally,» he said.
«Therefore, we are
seeing some of the
strongest earnings and dividend
growth globally coming from that sector.»