Seesmic CEO Loic LeMeur has been traveling the world again (boy he gets around!) and is now in Japan. He was able to capture a 2-minute video which I’ve embedded below where he interviews someone from Digital Garage about the launch of "Twittco". Twittco appears to be some sort of group tool but it’s hard to make out from the video exactly what it does.

Loic asks about what the tool does and it appears that you can group Twitter accounts together. This seems similar to FriendFeed lists where you can select individual FriendFeed user accounts for each list. Currently Twittco is only available for those in Japan or for those who can understand the Japanese language. Apparently the tool will eventually be available for those here.

We reported on Twitter grouping tool CrowdStatus back in April and have been using it ever since. CrowdStatus allows you to select Twitter users and then you see their latest messages in a "crowd" format. I’ve also heard of other tools as well that help you create group-like groups. Personally I’d prefer Twitter talk to us about how they plan to generate revenue before they develop any additional new features.

Update: Svetlana at Profy has more on the Twittco launch.

Twitter launches groups in Japan

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