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DeNA Co ( (JP:2432) ) just unveiled an update.
DeNA Co., Ltd. announced a strategic move to execute a simple absorption-type company split, transferring its electric vehicle data utilization business to MobiSavi Co., Ltd. This decision aims to facilitate more agile operations and foster business growth in the EV data sector. The split involves DeNA receiving 500 newly issued ordinary shares from MobiSavi, with no significant changes to DeNA’s total assets or revenue. The transition, effective March 31, 2025, is expected to enhance DeNA’s operational focus while enabling MobiSavi to leverage EV data technology.
More about DeNA Co
DeNA Co., Ltd. is a multifaceted company involved in various industries including game development, live streaming, sports, healthcare, and medical businesses. The company also explores new business initiatives such as utilizing electric vehicle (EV) data. Headquartered in Shibuya, Tokyo, DeNA is well-established in the market with significant shareholding by notable entities like Nintendo.
YTD Price Performance: -12.78%
Average Trading Volume: 99
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $1.96B
See more insights into 2432 stock on TipRanks’ Stock Analysis page.
