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LINE TV (CHOCOLABS)
Premium video streaming platform to watch trending dramas, movies and TV shows
About LINE TV (CHOCOLABS)
LINE TV, a video-on-demand service owned by the Japan-based LINE Corporation, primarily operated in Taiwan and, formerly, Thailand. The platform launched in Thailand in 2015, growing into a major online video destination with over 40 million users by 2019. It later expanded its reach to Taiwan and, in 2020, to an additional nineteen territories, including markets in Southeast Asia, Latin America, and the United States. The service was instrumental in elevating the popularity of the boys' love (BL) genre from Thailand, distributing these series to a global audience.
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The business operated on a free-to-access, advertisement-supported model. Its content library was a mix of licensed programming from local television networks and original productions developed through partnerships with studios. The service was accessible through mobile applications, digital media players, and its website, tv.line.me. While the platform curated a wide range of genres, it carved a significant niche with its collection of Thai dramas and by becoming a key distributor for BL content.
Despite its initial success and large user base in Thailand, the company ceased operations in that market at the end of 2021. The closure was attributed to a highly competitive streaming landscape, the rising expense of content licensing, and a strategic decision to divest from business units that were not profitable. The LINE TV service, however, continues to operate in Taiwan, offering a diverse slate of content that includes Taiwanese, Korean, and Chinese dramas, variety shows, anime, and movies.
At a glance
- Status
- Acquired
- Founded
- 2011
- Headquarters
- Taipei, Taiwan
- Employees
- 39
- Open positions
- None listed
- Dealroom signal
- 66.5/100
- Industry
- Media, Telecom
- Sub-industry
- Social media, Streaming
- Sector
- eCommerce & Marketplaces, App
- Technology
- Mobile app
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 1 company, latest Oct 2018
- Capital deployed
- —
- Preferred round
- MERGER
Latest news
Press, funding announcements and product moves mentioning LINE TV (CHOCOLABS).
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| MERGER✓Other financing | Oct 2018 | $0 | — | Ly | — |
| SEED✓Equity / VC | Oct 2013 | $18M | $72M | AppWorks | — |
Growth signals
Latest recorded traffic for LINE TV (CHOCOLABS) is 43K monthly website visits, down 82.8% over the last three months. LINE TV (CHOCOLABS)'s team declined 7.1% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
AppWorks
Other known investors2 additional known investors
Ly
Taiwan Startup Stadium
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about LINE TV (CHOCOLABS) on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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