Zynga ipo |
The makers of games such as "CityVille" or "Farmville" could sell its 100 million shares offered at the upper end of the range for the price of ten dollars a piece and take on a billion dollars. The debut will be eagerly awaited. Because a strong debut by Zynga on the high-technology-laced Nasdaq could also pave the social network Facebook in the roofed passage on the floor. Zynga is the largest provider of games for Facebook, which will in the coming years to go public.
Analysts and investors had expected that Zynga nachlegt again because of the strong demand for its share certificates, but the company abandoned it. "They could easily have the number and the price can increase," said analyst Scott Sweet of IPO Boutique. Zynga's IPO valued at $ 8.9 billion. It is the largest U.S. Internet IPO since Google, the Internet search engine had 2004 revenue of approximately $ 1.9 billion.
Zynga's top four of the five games are on Facebook. The games themselves are free, but Zynga earned from selling players virtual items such as tractors or weapons. Facebook gets 30 percent of sales.
Not only in America but also in Germany, the billion-IPO is followed closely. The dominant online game provider Bigpoint Wooga and hope that Zynga evidence, whether it is worthwhile for an IPO. The Korean Zynga competitor Nexon messed up his other hand, stock market debut on Wednesday in Tokyo. The stock fell below the issue price. The Asian companies thereby redeemed $ 1.2 billion.