Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
The latest update is out from SBI Holdings ( (JP:8473) ).
SBI Holdings and Savvy Games Group have signed a Memorandum of Understanding to cooperate in the gaming sector, a move that aligns with Saudi Arabia’s Vision 2030 and positions both companies to leverage their strengths in the gaming industry. This partnership will facilitate Japanese game companies’ entry into the MENA market by utilizing Savvy’s local expertise and network, fostering strong bilateral relations between Japan and Saudi Arabia, and potentially creating significant synergies with SBI’s digital financial services.
More about SBI Holdings
SBI Holdings, based in Tokyo, Japan, provides a wide range of financial services including securities, banking, and insurance through internet channels. The company also invests in various fields, including gaming, both domestically and internationally, and operates in the digital space through its SBI Digital Hub. Savvy Games Group, headquartered in Riyadh, Saudi Arabia, is fully owned by the Public Investment Fund and focuses on the growth of the global games and esports industry, aiming to enhance Saudi Arabia’s presence in these sectors.
YTD Price Performance: -0.54%
Average Trading Volume: 1,086
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.55B
For a thorough assessment of 8473 stock, go to TipRanks’ Stock Analysis page.
