Candy Crush Saga Game Maker King Goes Public

[Jazzy]

The company behind the hugely successful Candy Crush Saga game is to float on the New York Stock Exchange.

King Digital Entertainment plc is set to raise up to $500m (£300m) in the flotation.

Candy Crush and other games, such as Pet Rescue Saga, have seen the firm squeeze out the once-dominant Zynga, as mobile users provide an increasing revenue stream for makers.

It is now the biggest game for users on Facebook, having ousted Zynga's Farmville.

The company says more than 1 billion of its games are played globally.

The firm is said to have gross income of $850,000 (£509,000) a day from players topping up game credits.

King did not say how many shares would be sold in the initial public offering (IPO) or what the share price range would be.

It plans to list on the NYSE under the ticker KING.

The company has more than 324 million monthly unique users, and operates a website with 14 languages.

It operates six game development studios in Europe, including London, along with offices in San Francisco, and Malta - where its website is domiciled.

Full article

Would love to buy some shares but I bet the cost will be way out of my price range.

Do any of you play Candy Crush?

 

[Evil Eye]

Nope, it's just Bejeweled right?

Would love to buy some shares but I bet the cost will be way out of my price range.

Why's that? Probably worth checking.

 

[Nebulous]

Yay more crap to install, realize its crap then uninstall

 

[DrLeftover]

It is amazing how much money you can make giving away a "free" game.

 

[.Xstinct]

It is amazing how much money you can make giving away a "free" game.

Yeah funny isn't it,and if you installl it they need access to your whole fricking phone