Share

Ipo: King Digital Entertainment, creator of Candy Crush, prepares the arrival on Wall Street

The company will be listed on the New York Stock Exchange – The mobile video game giant has recorded exponential growth in revenue since 2011 – According to analysts, it could represent the largest technology IPO in recent years.

Ipo: King Digital Entertainment, creator of Candy Crush, prepares the arrival on Wall Street

The company King Digital Entertainment, parent of the video game candy Crush Saga and more than 180 online entertainment, announced the listing on the New York Stock Exchange.

The times have not been communicated, but the arrival on Wall Street should be certain by now.

“King has filed an application with the US Stock Market Authority,” he writes Le Monde – for a listing on the New York Stock Exchange (Nyse)” 

An important step after an irresistible growth. In 2011, users playing under the King brand generated $63,9 million in revenue. The following year, the turnover began to soar, reaching 164 million dollars in 2012 and 1,9 billion dollars in 2013. Numbers that go hand in hand with the increase in the number of players, which in the fourth quarter in 2013 there were over 304 million, while in the same period of 2012 there were just 43 million.

comments