Mar 26, 2013

[Sd] Japan’s Softbank Mobile to acquire majority shares of game developer Gungho Online Entertainment

Japanese mobile carrier Softbank Mobile announced today it would tender an offer of social gaming giant Gungho Online Entertainment. Softbank (TSE:9984) was founded by Masayoshi Son, and Gungho was founded by Masayoshi’s young brother Taizo Son who is also a serial entrepreneur and now running a tech startup incubator called Movida Japan. 
Gungho has been getting lots of attention from investors because of its hugely popular titles Puzzle & Dragons and Ragnarok Online, making the company’s stock price five times what it was at the beginning of this year. By partnering with the gaming company, Softbank Mobile expects to expand the sales of online and smartphone game titles using the company’s global business. ...
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Sd 3/25/2013 [en]

  • It is assumed that a monthly sales of Puzzle & Dragons in February would be 9 billion yen ($95M). The revenue from only one mobile game is incredibly huge. The market cap of Gungho surpassed Gree and DeNA. 

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