Line's Fintech Business May Break Even in One to Two Years, Says Co-CEO

The transcript discusses plans to establish a cashless society by 2020, coinciding with the Olympics. It outlines the expected launch of banking services, investment strategies, and profitability timelines. The focus is on market entry strategies for Japan, Taiwan, and Thailand, with Taiwan being a priority. The expansion plans aim to leverage dominance in one country to facilitate growth in others.

What is the government's target year for achieving a cashless society?

• 2020

• 2023

• 2021

• 2022

What is the main challenge Line Bank faces in launching its services?

• Low customer interest

• Insufficient funding

• Regulatory approval

• Lack of technology

What is Line Bank's primary focus to diversify its revenue streams?

• Reducing operational costs

• Investing in fintech

• Increasing advertising

• Expanding retail operations

Which countries are the initial focus for Line Bank's expansion?

• Japan and Indonesia

• Taiwan and Thailand

• Thailand and Indonesia

• Japan and Taiwan

Despite not being a dominant player, which country does Line Bank see as having huge opportunities?

• Indonesia

• Thailand

• Taiwan

• Japan