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February 18, 2014 06:57 pm GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/zRdU_t88Ams/
'Candy Crush Saga' Developer King Files for IPO
King Digital Entertainment, maker of the popular game Candy Crush Saga, has filed paperwork with the Securities and Exchange Commission to go public.
The company's Form F-1 Registration shows the company posted a profit of $567.6 million on revenues of $1.89 billion last year. Some 78% of revenues came from one game, Candy Crush Saga, which now has 93 million daily active users and more than 1 billion daily active game plays. King doesn't charge to download Candy Crush Saga, but instead makes money off of users who buy "virtual power ups" to improve their game.
More about Gaming, King, Ipos, Business, and Candy Crush SagaOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/zRdU_t88Ams/
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