King.com, makers of Candy Crush, files for $500mm IPO

Posted by spiderbro on Tuesday February 18, 2014 @03:21PM
from the sec.gov dept.

( 2 comments | 2 points | on HN )

Re:King.com, makers of Candy Crush, files for $500mm IPO by spiderbro on Tuesday February 18, 2014 @03:25PM (#7260796)

Some highlights:

- $570mm net income generated on $1.9bln revenue in FY2013

- 128mm daily active users

- Candy Crush Saga accounts for 80% of gross bookings

Given those numbers a $10bln IPO valuation wouldn't be absurd.

[ Parent | on HN ]

Re:King.com, makers of Candy Crush, files for $500mm IPO by dutchrapley on Tuesday February 18, 2014 @03:36PM (#7260864)

If you read between the lines, it's the classic case of investors knowing it's the best time to cash out for their ROI.

[ Parent | on HN ]