11.15.2013

News Flash: Nintendo acquired stocks of Dwango which ran video sharing site Nico Nico Dougaico Douga

Nintendo does not yet go into social games and mobile games at all. In the first place, they seem to be weak in "Social". Probably because of it, the profit of Nintendo gradually descends, and the deficits increase, too. Therefore they announced this morning that they acquired 612,200 stocks of Dwango. It is equivalent to 1.5% of issued stock total number.

Dwango is known as a company running Japanese popular video sharing site Nico Nico Douga. Their business may not have the connection. However, they make collaboration many times so far. Nintendo broadcasts original program Nintendo direct in Nico Niko live streaming, became a sponsor of Dwango's real event Nico Nico super meeting2(ニコニコ超会議2), and provided free video software for Wii U Nico Nico. They each bring each other's business know-how and will plan further reinforcement of relationships in future.

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