Your Web News in One Place

Help Webnuz

Referal links:

Sign up for GreenGeeks web hosting
July 1, 2011 08:12 pm GMT

Social Gaming Giant Zynga Files For $1 Billion IPO

Zynga has just filed its S-1 with the SEC, indicating that the company plans to go public. According to the filing, Zynga aims to raise as much as $1 billion, but this could be a place holder amount. UpdatingAccording to the filing Zynga has 60 million daily active users in 138 countries. 38,000 virtual items are created every second and game players spend 2 billion minutes a day on Zynga games. The company had $597 million in revenue in 2010, and posted revenue of $235 million in the first quarter of 2011.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/-WHMcOp2Gec/

Share this article:    Share on Facebook
View Full Article

Techcrunch

TechCrunch is a leading technology blog, dedicated to obsessively profiling startups, reviewing new Internet products, and breaking tech news.

More About this Source Visit Techcrunch