UK markets closed
  • NIKKEI 225

    29,100.38
    -584.99 (-1.97%)
     
  • HANG SENG

    29,135.73
    +29.58 (+0.10%)
     
  • CRUDE OIL

    62.50
    -0.88 (-1.39%)
     
  • GOLD FUTURES

    1,780.50
    +9.90 (+0.56%)
     
  • DOW

    33,841.21
    -236.42 (-0.69%)
     
  • BTC-GBP

    39,690.62
    -23.28 (-0.06%)
     
  • CMC Crypto 200

    1,252.24
    +17.82 (+1.44%)
     
  • ^IXIC

    13,767.83
    -146.94 (-1.06%)
     
  • ^FTAS

    3,920.05
    -76.60 (-1.92%)
     

Niantic announces partnership with Nintendo on new augmented reality 'Pikmin' title

Lucas Matney
·1-min read

Nearly five years after the launch of Pokémon GO, Niantic announced Monday they are partnering with Nintendo to co-develop a new title based on the company's Pikmin franchise.

Niantic says the app is being developed in their Tokyo office and will launch later this year.

"The app will include gameplay activities to encourage walking and make walking more delightful," a press release from Niantic reads. The company notably specifies that the title will make use of their augmented reality platform to integrate the real world into the app's experiences.

Pokémon GO has fallen out of headlines but has continued to deliver massive sums to the San Francisco gaming company, eclipsing $1 billion in revenue in 2020. In recent years, Nintendo has sought to build out their presence on mobile gaming platforms with a number of titles playing on some of their biggest franchises, but none of them have reached Pokémon GO's level of success.

Niantic has raised nearly $500 million in capital, most recently raising at a $4 billion valuation.

To view this content, you'll need to update your privacy settings.
Please click here to do so.