Nintendo purchases stake in web company Dwango
Posted on November 14, 2013 by Brian(@NE_Brian) in General Nintendo, News
Nintendo has purchased a stake in Dwango Co., Businessweek reports. The web company primarily provides content through mobile phones.
According to Nintendo spokesman Yasuhiro Minagawa, the Big N won’t be distributing games through Dwango’s video delivery system Niconico. Nintendo bought the shares at the request of Dwango Chairman Nobuo Kawakami for his personal funding needs.