Candy Crush Saga's developer goes public, loses almost $1 billion
The developer of Candy Crush Saga is the largest game company to go public since Zynga. As a side comparison, the price of Zynga's shares decreased by just 5% on the first day of its initial public offering and the company is currently valued at about $4 billion.
The most sound reason for King's poor performance is the reluctance of investors to put their money in a company, which solely relies on the success of just one high-grossing game – the in-app purchases in Candy Crush Saga generated roughly $600 million for the company in Q4 2013 alone.
Posts: 356; Member since: Jan 15, 2014
posted on Mar 27, 2014, 10:40 AM 8
Posts: 913; Member since: Jun 28, 2012
posted on Mar 27, 2014, 11:35 AM 2
Posts: 969; Member since: Feb 02, 2012
posted on Mar 27, 2014, 7:35 PM 1
Posts: 306; Member since: Jan 25, 2011
posted on Mar 27, 2014, 10:42 AM 19
Posts: 3723; Member since: Aug 16, 2011
posted on Mar 27, 2014, 11:05 AM 3
Posts: 7305; Member since: Dec 05, 2009
posted on Mar 27, 2014, 12:15 PM 0
Posts: 2372; Member since: Apr 30, 2013
posted on Mar 27, 2014, 1:44 PM 3
PhoneArena Comments Rules
A discussion is a place, where people can voice their opinion, no matter if it is positive, neutral or negative. However, when posting, one must stay true to the topic, and not just share some random thoughts, which are not directly related to the matter.
Things that are NOT allowed:
- Off-topic talk - you must stick to the subject of discussion
- Trolling - see a description
- Flame wars
- Offensive, hate speech - if you want to say something, say it politely
- Spam/Advertisements - these posts are deleted
- Multiple accounts - one person can have only one account
- Impersonations and offensive nicknames - these accounts get banned
Moderation is done by humans. We try to be as objective as possible and moderate with zero bias. If you think a post should be moderated - please, report it.
Have a question about the rules or why you have been moderated/limited/banned? Please, contact us.
Send a warning to post author
Send a warning to Selected user.
The user has 0 warnings currently.
Next warning will result in ban!
Ban user and delete all posts
Message to PhoneArena moderator (optional):