Author Candy Crush Selling Rp 5.3 Trillion
Jakarta - King Digital Entertainment Plc , the company behind the success of mobile games ' Candy Crush Saga ' , intends to sell some of its shares on the stock exchange . Funds can be scooped reach U.S. $ 532.8 million billion (USD 5.4 trillion ) .
The Irish company will record its shares on the stock market the United States ( U.S. ) this month . King will leverage the investment in the high technology sector lately .
Digital King intends trailed success tech stocks such as Facebook and Twitter at the end of last year . Other technology companies that will follow , among others, Spotify , Airbnb , and Square
The technology company will sell 22.2 million shares in the range of U.S. $ 21-24 per sheet . With the highest price range then the value of the firm King Digital will reach U.S. $ 7.6 billion .
Initial public offering (initial public offering / IPO ) will be held March 26 , said two underwriters told Reuters on Thursday ( 03/13/2014 ) .
The company is headquartered in Dublin it will sell 15.5 shares when bidding later , while Apax Ventures which also holds shares of King will sell 6.7 million shares .
End of February , as many as 144 million people actively playing a game made by the King or an average of 1.4 billion players every day .
After the IPO , Apax will acquire 44.2 % stake in King , while the CEO Riccardo Zacconi , who had led the company since its inception in 2003, 9.5 % Peang stock .
' Candy Crush Saga ' last year became the most downloaded applications and generates the highest turnover among other applications .
This game has been downloaded 500 million times since its launch in 2012. The game is free , but there are several features that can be obtained with pay , such as extra lives and additional game time .
King reap a turnover of U.S. $ 1.9 billion ( Rp 20 trillion ) in 2013, or an average of U.S. $ 50 billion a day . While profits reached U.S. $ 825 million , soaring higher than previous year profit of U.S. $ 28.5 million .
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