Nintendo shares up 16% on Pokemon Go

Pokemon Go is the most successful mobile-based app in US history with some 21 million daily active users in 24 hours.

Pokemon Go being played by young people in Hyde Park in Sydney

Pokemon Go being played by young people in Hyde Park in Sydney. Source: AAP

Shares of Japanese video games company Nintendo have soared by 16 per cent at the Tokyo Stock Exchange thanks to the stupendous success of its new smartphone game, Pokemon Go.

The shares of the Kyoto-based company reached $US244 ($A321) during the first half of the trading day at the Tokyo exchange where investors appeared to enthusiastically receive the overwhelming figures, a few days after launch of the game in the United States.

Data analysis company SurveyMonkey revealed on Wednesday that Pokemon Go is the most successful mobile-based app in US history with some 21 million daily active users in 24 hours, exceeding the successes of Draw Something and Candy Crush, with some 16 and 20 million users respectively.

According to another analyst firm SensorTower, mobile users spend more time playing Pokemon than on Facebook.

Since its launch on Wednesday, Pokemon Go has been the most downloaded app on different platforms in the United States.

Many users are trying all kinds of tricks to download the app as it is not yet available in all countries worldwide.

The figures are especially astounding as the game, developed by Niantic Inc and distributed by Nintendo, is only available at the moment in the United States, Australia, New Zealand and Germany, but other countries are expected to follow soon.


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Published 14 July 2016 8:24pm
Source: AAP


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