Friday, April 19, 2019

Nintendo Shares Soar After Word Spreads Tencent Will Distribute The Switch In China

Expanding its market reach.

Yesterday, a report from The Wall Street Journal revealed Nintendo had submitted an official request to the Chinese government to sell the Switch within the country. Part of this request was a partnership with Tencent Holdings - one of China's biggest tech and gaming companies - who would act as the product distributor.

In the latest update, Tencent has now been given the approval to start selling a Switch and New Super Mario Bros. U Deluxe package in mainland China. The news has resulted in Nintendo's shares surging by more than 13%. This was the highest they've been since 18th October last year.

Read the full article on nintendolife.com



from Nintendo Life | Latest Updates http://bit.ly/2IGzr0J
https://ift.tt/eA8V8J April 19, 2019 at 12:30PM http://bit.ly/1licIau

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