I really hope this doesn't lead to Tencent trying to buy a stake (or more) in Nintendo. They already own Riot and have a stake in Activision Blizzard. Nintendo is one of Japan's national treasures, and I really don't want Tencent owning half the gaming industry.
The hurdles to do it have been lowered somewhat back in 2007, but yes. Typically the government will make it harder for a hostile takeover to happen to an unwilling Japanese company. It's more likely to occur if shareholders want it, and almost none of them do.
Yup, yeah let me buy this thing for 2800rmb that can play a modified version of the game my friends are playing on their phones and thus I won't be able to play it with them. Or let me get a Vivo, Oppo, Xiaomi or Huawei with flagship specs and play with my friends. Tough choices.
Not saying much but I've seen two people carrying switches around in shanghai. One on a subway playing zelda and one walking down the street and playing...I don't know doesn't matter what. I've also seen plenty of people with psps and various DSs over the years. I think that at least in tier 1 cities the market for gaming devices is bigger than you give credit for. I wouldn't expect Switch (or any console) to be some big run away success, but there is a market here for games consoles.
Also yes at launch you could buy Switch and there was plenty of stock and still is, but I was going to the electronic market a lot at that time and they were selling quite a few (seemed to be mostly to expats though).
When Nintendo gets that 1% of the chinese market, it will be game over for microsoft and sony
Say 1% on Neogaf, get mocked and maybe banned.
Say 1% in front of shareholders...your worth rises nearly 10%
Life > GAF
What even is the argument around the 1% thing? Is it just people assuming that Switch will do magnitudes better than PS4 currently does in China?
Must have missed that one, but I suppose that would've been one path to redemption.It's a neogaf meme.
Origin from Xbox One trying to make inroads in China years back.
What even is the argument around the 1% thing? Is it just people assuming that Switch will do magnitudes better than PS4 currently does in China?
Oh, don't get me wrong, I see the point your trying to make. But personally I'd still say you're wrong. Arena of Valor IS a big get for both Nintendo and Tencent for a couple of reasons.The point that they (or I) were trying to make is less about gaming devices in general in China, and more about the insinuation that Arena of Valor on Switch is a big get to push an entry into China.
Say 1% on Neogaf, get mocked and maybe banned.
Say 1% in front of shareholders...your worth rises nearly 10%
Life > GAF
It looks like I was mistaken:
https://www.nintendo.co.jp/ir/en/stock/information/index.html
If I am reading this correctly, they currently own 15.21% of their shares making them the largest shareholder, but not the majority owners. The next largest is JP Morgan Chase at 7.90%. There are also a large amount of outstanding shares, so the possibility is out there.
Oh, don't get me wrong, I see the point your trying to make. But personally I'd still say you're wrong. Arena of Valor IS a big get for both Nintendo and Tencent for a couple of reasons.
It shows someone in both companies see opportunity to expand. AoV is seen as a first step towards that expansion.
Could it fail? Of course. But if succesfull, AoV will carry the title of being the first game in that deal that was important.
The point that they (or I) were trying to make is less about gaming devices in general in China, and more about the insinuation that Arena of Valor on Switch is a big get to push an entry into China.
I believe that there is a market for Switches and PS4s in cities like Shanghai, but the obstacles are not relevant to things like a MOBA being or not being on a system.
GAF is never gonna forget this...It's a joke on NeoGAF based on something absurd said by user "The Artisan."
http://www.neogaf.com/forum/showpost.php?p=146830805&postcount=4285
GAF is never gonna forget this...
true. i appreciate thatAt least you weren't given a tag for it lol
"Speculation is spreading that Nintendo will fully enter China and cultivate that market through its partnership with Tencent," said Hideki Yasuda of Ace Research Institute.
Nothing new, just more opinions:
https://asia.nikkei.com/Markets/Tokyo-Market/Nintendo-s-Switch-flips-market-cap-to-9-year-high
So what is the actual "deal" with Tencent? I feel like Nintendo entering China is rumored every several months but to no avail.
Nothing new, just more opinions:
https://asia.nikkei.com/Markets/Tokyo-Market/Nintendo-s-Switch-flips-market-cap-to-9-year-high
Well Tencent partnered with Nintendo to put a fairly huge MOBA on Switch, which leads to speculation of Tencent and Nintendo teaming up to get Nintendo into China, cracking that market will be huge for whoever can do it, and teaming with the largest videogame company in the world? who is a major player in China will do it.
I would really love to see them get the Switch stocks up first wonder why these market people are so hyped and they don't even notice that Nintendo has a hardware availability issue