Home / Crypto News / GMO Internet Holds First Quarter Financial Results Briefing, cryptocurrency Business to Increase Profit

GMO Internet Holds First Quarter Financial Results Briefing, cryptocurrency Business to Increase Profit

GMO Internet, a leading IT company, released its infrastructure, advertising, media, finance and cryptocurrency exchange business results in the first quarter of 2019 on the 9th of this month.

In the first quarter of 2019, while the financial business performance fell sharply by 18.3% from the previous year due to fluctuation of market price and transaction volume, infrastructure business (+ 10.2%) and cryptocurrency business (+ 5.0%) After compensating for the loss, overall sales were 7.2% over the previous year to 46.8 billion yen .

The main axis of the cryptocurrency business of GMO Internet is the mining and currency exchange business (GMO coin ) .

Although the cryptocurrency exchange business posted a loss due to a decline in trading volume, it is said that the restructuring of the mining business has succeeded and the deficit has been substantially reduced.

In the future, the company has decided to further enhance its competitiveness in the industry by adding more hash power in the mining business.

In addition, with the number of Internet infrastructure service contracts surpassing 10 million on the GMO Internet, we have implemented a total of ¥ 10 million BTC present campaigns .

As the application method is only to follow the following tweets and RT and the target account, how about applying for the campaign on this occasion?

🎁Follow & retweet campaign🎁
Easy application for a total of 1000 people
10,000 yen for Bitcoin present!

Celebrating 10 Million Contracts Anniversary Celebration

Follow 1⃣ @GMOGroup
2⃣ retweet this post
Notice to winners in 3 DM DM

For more information https://t.co/2dmRdrA0YS

— GMO Internet Group (@GMOGroup) May 9, 2019

Article Source: GMO Internet

Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/gmo-internet-2019-q1/

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