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Google’s Messaging Service Allo Might Launch in this Week

Google’s Messaging Service Allo Might Launch in this Week

During the Google I/O event the company has announced the two new messaging applications called Duo and Allo. As you all know, Duo already hits Google Play Store and App Store for Android and iOS users. Duo received the unique experience from the users, and they started loving this application. But the Allo Application is yet to release, and there is no official announcement from the company.

Google Duo is the Most Popular App in Google Play

Only Duo application is available for public which was announced back at Google I/O this year. As per the company’s update, the release of the application must be at the time of first day of the fall, i.e., September 22, 2016, which is less than a week.

The deadline for the release date is about to reach the company and as per the famous online reputed tipster, Evan Blass has posted the tweeted about the release of Allo on his Twitter account.

Allo

Evan Blass tweeted saying “Hello, Allo (launches this week).” No further details about the release date and regarding application details. As per the reports and other sources suggests that the release might be on September 21. As of now, there is no official announcement, consider this information as the pinch of salt.

Allo launch

The Google Allo which is the communicational messaging app, which helps in enhancing the messaging service with advanced chat features. The users have to login or sign-up with the phone number, instead of the Google Account. This is going to be the refreshing application from the Google so far. Some of the features included in this app are end-to-end encryption, the ability to talk to Google Assistant and some funnier sticker packs.

Google Allo App Hints Incognito Chat at its Leak Ahead of Its Launch

Some of the users had already pre-registered for this Google Allo application on the Google Play store before the release.

Line Prices Biggest IPO, Plans to Raise Over $1 Billion

Line Prices IPO at Top of Range in Year’s Biggest Tech Debut

Japan’s messaging service Line sets their IPO at a top price and is targeting the top marketing range. It is one of the best instant mobile messaging services available.It is owned by the South Korean portal Naver Corporation.

The company is looking to raise as much as $1.3 Billion and want to show its robust appetite for the world’s biggest tech listing this year.

The Firm is planning to sell 35 million shares at a price of 3,300 Yen per share and another 5.25 million shares through an option called ‘greenshoe.

This allows it to increase the stock amount which is going to be sold and boost the total sales to 132.8 billion yen which is 1.3 billion USD. Past week at the time of Brexit polling in the UK, Line announced the plans for the IPO where the UK held their vote to leave the EU.

Facebook Signs a deal on Facebook Live with Superstars and Media Companies

This decision unbridled the market’s instability throughout the world’s currencies and the equities. According to the IPO price, this company is valued at about $6.9 billion, and this is going to be the biggest technology debut for this year.

Hiroshi Naya, The Analyst at Ichiyoshi Research Institute Inc. in Tokyo, says “There is a lot of hope for Line’s future as a media platform. We’ve pretty much solidified which smartphone services we use and which ones we do not, and Line has really established itself as something a lot of people use every day for the communication.”

The trading of the shares will start from July 14, 2016, in New York and followed on the next day in Tokyo.
The traded stock is priced at $32.84in the New York, and Line is about to sell 25.3 million shares in the United States.The trading of these shares in Seoul is 0.7 percent.

The companies like JPMorgan Chase & Co., Morgan Stanley, Goldman Sachs Group Inc. and Nomura Holdings Inc. are the lead underwriters.

Line messaging service was started in the year 2011 and widely known for the business model of selling stickers which are used during the chat.People buy and share those stickers to express their feelings while chatting with their associates.

WhatsApp Launches Desktop App for Mac and Windows

The registered users of the Japan based messaging service had increased rapidly when compared with Facebook’s Messenger and WhatsApp.

Line is constantly increasing its strength to follow up the battle with the largest rivals like Facebook Inc. and the Tencent Holdings Ltd.

It is looking expand their 218 million user base beyond the things and make their market strongest in Japan, Thailand and Taiwan. The plans are set to broaden its market across the Asia and sooner in the United States.

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