DailyMotion opens its Japanese subsidiary and provides acquisition

Double for news sharing site DailyMotion which opens its first subsidiary in Japan and is about other to achieve external growth in Europe.

"We will open three new branches in Japan, Spain and Germany. Three areas where we are already present but we had no legal entities. "This is what we explained Giuseppe de Martino, general secretary of DailyMotion, in an interview published in this number 116 dated September. The Japanese subsidiary, Dailymotion market for third behind France and the United States, is now official.

"Japan is a priority market for us with an already strong natural audience, especially via smartphones. It is therefore logical to Dailymotion to consolidate its presence with a subsidiary that will address local issues, "says Cedric Tournay, CEO of Dailymotion. It is also a "market is growing very strong for us, particularly via mobile," says Giuseppe de Martino.

Recall that following the abortive negotiations with Yahoo, the largest shareholder Orange had decided to inject 30 million euros that were used by international development, but also to the creation of studios or the purchase of equipment. Add to this the acquisitions, as Giuseppe Martino said Monday: "We are in very advanced negotiations" with a European company, whose name or activity have not been identified.