26-03-2014, 09:54 AM
I knew Candy Crush is popular, but does it worth 7 billion? No earning info available... The previous valuation was done by eye-balling. What does it base on this time?
Candy Crush maker valued at over $7 billion in IPO
NEW YORK — Mobile game maker King Digital Entertainment Plc said that its IPO was priced at US$22.50 per share, which would value the maker of Candy Crush Saga at about US$7.08 billion (S$8.97 billion) when it goes public today (March 26).
King’s offering of 22.2 million shares would raise about US$500 million at that price, which is at the mid-point of its planned US$21-US$24 price range.
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http://www.todayonline.com/tech/candy-cr...illion-ipo
Candy Crush maker valued at over $7 billion in IPO
NEW YORK — Mobile game maker King Digital Entertainment Plc said that its IPO was priced at US$22.50 per share, which would value the maker of Candy Crush Saga at about US$7.08 billion (S$8.97 billion) when it goes public today (March 26).
King’s offering of 22.2 million shares would raise about US$500 million at that price, which is at the mid-point of its planned US$21-US$24 price range.
...
http://www.todayonline.com/tech/candy-cr...illion-ipo
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