The creator of games like Candy Crush Saga is going public. This is according to a report to the US stock exchange authority SEC. King Entertainment wants to earn hundreds of millions of euros with the IPO. Hundreds of millions of users play King’s games.
Every month, more than 400 million users play games from King Entertainment, such as Candy Crush Saga and Pet Rescue Saga. Every day there are more than a hundred million. This is stated in the documents that King has submitted to the SEC. King earns on average just over 12.50 euros per paying user per month.
With the notification, the first step has been taken towards an IPO for the company, which last year made a net profit of just over 400 million euros. With the IPO, the company wants to raise hundreds of millions of euros. Candy Crush Saga was the most popular game on various platforms last year.