Nintendo Collaborate with Tencent
The giant game developer from Japan, Nintendo stated that they decided to cooperate with Tencent to release a Switch console. This console is a really big hit on China and it rise Nintendo’s stock up gradually.
“Nintendo announced that the collaboration has begun with Tencent Holdings Limited to release a Nintendo Switch videogame system in China,” said Nintendo, as quoted from The Star web page on Tuesday, April 30th 2019.
The announcement revealed a day after Nintendo launch the number of astonishing benefits they have achieved for the last years. The purchase of Switch really helped a lot through a game called Blockbuster. The fiscal net profit raised to 39% from the last year’s profit.
Nintendo’s Sales Performance
The selling of the Switch hardware is projected to increase by 6%, become 18 million units for this fiscal year. It also triggered by the plan to release Super Mario Maker 2, Pokemon Sword and Shield, and The Legend of Zelda.
Nintendo Switch has become the most popular console ever, along with the release of awesome games which gains so many praise and good words from the gamers. The company’s stock has been raised by more than 12% since the announcement has been published.
The Boss of Nintendo, Shuntaro Furukawa stated that they want to make China as the main marketplace just like Japan, USA, and Europe. “Though, it might not be easy because it will be the small game console market,” he said.