Nintendo shares fell 9 percent on Thursday, and partner DeNA's stock dropped 15 percent after Nintendo announced that it would wade into the mobile waters next year with social mobile app Miitomo.
Based on the Mii digital avatars made popular by the Wii, Miitomo will seek to connect players through trivia, Nintendo President Tatsumi Kimishima said in an investors conference call, according to The Wall Street Journal.
The app, due to launch next March, will be a free-to-play game that will include add-ons that people can buy. Players will engage in social trivia with friends and new acquaintances
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