Nintendo shares pop 7% after 'Pokémon Pokopia' sales top 5 million
Nintendo has been grappling with rising memory prices which forced the company to raise prices of its Switch 2 console which went on sale just over a year ago.
Nintendo's shares surged on Friday, poised for a weekly increase, following the announcement that its Pokemon Pokopia game had sold over 5 million units. The game, exclusive to the Switch 2, reached the milestone just over four months after its March 5 launch, according to Nintendo and The Pokemon Company. This surge pushed Tokyo-listed shares of Nintendo up by 6.6%, or 88.74 yen, to a level that could potentially see a 10.3% weekly rise.
The company also revealed plans to expand its presence in Southeast Asia by launching the Switch and Switch 2 consoles in Indonesia in December. This would mark the first official console launch in the country. The distribution of these consoles will be handled by a Salim Group subsidiary, while Nintendo will collaborate with the group on an official repair center and customer service, a Reuters report revealed.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
