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Nintendo purchases 612,200 shares in Nico Nico Douga’s parent company

Friday, 15th November 2013 13:45 GMT By Stephany Nunneley

Nintendo has purchased 612,200 shares in Japanese firm Dwango Co. which owns the video content platform Nico Nico Douga – or Japan’s answer to Twitch if you will.

According to a Business Week report, via Siliconera, Nintendo uses the Nico Nico system to promote its games.

Nintendo spokesman Yasuhiro Minagawa said the firm acquired the shares as Dwango’s chairman, Nobuo Kawakami, asked them to for “personal funding needs”.

Stock in the game-maker rose by 5.2% to 13,070 yen after the announcement and Dwango shares increased by 21%.

Dwango is a telecommunications company which provides content through smartphones, but Minagawa said Nintendo doesn’t plan to use the service to deliver games.

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3 Comments

  1. Dragon

    Yes. This is what Ninty should do and what I have been telling for ages.
    DIVERSIFYING

    #1 1 year ago
  2. dreamcastnews

    I guess this must have something to do with that YouTube stuff earlier in the year?

    I’m not sure I even understand what Nintendo are planning here?

    #2 1 year ago
  3. kensredemption

    If the PS4 has Ustream and the XBO has Twitch…maybe the Wii U will stream to Nico Nico?

    #3 1 year ago

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