They may seem like vastly different businesses, but both Facebook (NASDAQ: FB) and LINE Corporation (NYSE: LN) enjoy widespread adoption in their home countries. Facebook is the quintessential social network for the U.S. and many other countries, while LINE is a messaging app with widespread adoption in Japan and other parts of Asia, but which stock is the better buy today?
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In November, shares of LINE spiked 26% on a buyout offer from SoftBank Group (OTC: SFTBY). The proposal would have LINE merge with Softbank's Z Holdings (OTC: YAHOY) to create "The AI [artificial intelligence] company that leads the world from Japan/Asia."