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Dailymotion opens Japanese unit, prepares takeover in Europe

Tuesday 15 October 2013 | 10:00 CET | News
French video platform Dailymotion is opening a subsidiary in Japan and expects to make an acquisition in Europe within a month, general secretary Giuseppe de Martino told AFP. He said that Japan was a market that was growing strongly, notably in mobile. Dailymotion also sees Japan as a relatively immature market for online video advertising. He added that the company was in very advanced negotiations towards the acquisition of a European company. Some 85 percent of Dailymotion's audience is outside France, with the US as its biggest market.

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Categories: Internet
Companies: Dailymotion
Countries: World
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