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The IPO gained great interest, as it followed Zynga's $1 billion IPO in 2011 and Twitter's IPO earlier in the month. [10] King completed its IPO on 26 March 2014. Priced at $22.50 a share, the middle of its projected price range, the IPO valued the company at US$7.08 billion. About $500 million was raised through the sale of 22.2 million shares.
Mark Jonathan Pincus (born February 13, 1966) [3] is an American Internet entrepreneur known as the founder of Zynga, a mobile social gaming company.Pincus also founded the startups Freeloader, Inc., Tribe Networks, and Support.com. [4]
Zynga's first game, Texas Hold 'Em Poker, now known as Zynga Poker, was released on Facebook in July 2007. It was the first game Facebook introduced on its social networking platform. [27] Zynga became the Facebook app developer with the most monthly active users in April 2009, with 40 million people playing their games that month. [28]
When Zynga (NAS: ZNGA) closed below $5 yesterday -- on reports indicating that players were flocking from desktop apps to mobile games -- it wasn't just a round milestone. Zynga went public at $10 ...
The ever-shifting Zynga initial public offering has changed its projected date once again, according to a Bloomberg report. Now, the FarmVille maker is looking past Thanksgiving for its $1 billion ...
"The IPO should also prove to be a catalyst for many future transactions that will help the industry." ( Note : Hawkins founded EA in 1982, which Zynga could very well outpace today after four ...
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors [1] and usually also to retail (individual) investors. [2] An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges.
The fabled Zynga initial public offering (IPO) of legend draws near, the prophets of Mt. Reuters foretell. Jokes aside, the San Francisco-based social games maker could go public--meaning you and ...