McDonald's Japan unit works on Pokemon Go and its shares soar

McDonald's Japanese business says it's working with the developers of Pokemon Go as they bring the hit Nintendo game to the country. The unit's shares rose as much as 10 per cent on Thursday (July 21).

McDonald's Holdings Co, the fast-food giant's affiliate in Japan, expects to start collaborating with Pokemon Go soon, according to a statement responding to news reports.

Developers are working intensely on the Japanese version of the smartphone-based game so that it runs smoothly, the company said. The stock has added 28 per cent since July 14. The company announced on July 19 it would feature figurines based on Pokemon characters such as Pikachu in its Happy Meals.

(THE STRAITS TIMES)