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Candy Crush goes public?

Candy Crush goes public?

 

The developers behind the highly successful app Candy Crush Saga, King Digital Entertainment have filed for its initial public offering (IPO) on the stock market. Before the company, trading as “KING”, can enter the stock exchange at a reported $500million it must be approved by the Securities and Exchange Commission (SEC). Candy Crush Saga has become one of the biggest mobile game applications on the planet. It currently boasts over 1 billion players each day and made a profit of $568million in 2013. The company’s revenue has grown over 30 times its 2012 value. King have also developed some other popular games for the platform, including Pet Rescue, Bubble Witch and Farm Heroes.


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25th February 2014, 12:53 UTC | Copyright (c) 2014 | Contact:
 
 

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