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Google will hold an I / O developer conference in May.
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04-08-2021, 06:30 PM
Post: #1
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Google will hold an I / O developer conference in May.
Mobile apps and games company AppLovin Corp, backed by private equity giant KKR & Co Inc, said on Wednesday it aims to valuation of more than $ 30 billion in an IPO. (IPO) of the US The company wants to raise as much as $ 2.13 billion by selling 25 million shares in the price range of $ 75 to $ 85 per share. Reuters reported last year.Palo Alto, a California-based company, is the latest player in the mobile gaming industry to cash in on the surging demand for video games from people at home due to the ติดตั้ง slotxo ios COVID-19 outbreak.In the past 18 months, companies such as DraftKings Inc, Playtika Holding Corp and Roblox Corp have entered the marketing path to raise capital.At the 2018 Technology Summit hosted by 3Q Digital and Google, Chief Executive Adam Foroughi said when the company was founded in 2012 as an advertising platform for mobile games, he sought to raise funds because venture capitalists were skeptical of the vision. His AppLovin currently has over 410 million daily active users on the platform and app, featuring over 200 free-to-play mobile games including Word Connect, Slap Kings and Bingo Story.It posted a net loss of about $ 126 million last year compared with $ 119 million in 2019.Revenues rose 46 percent to $ 1.45 billion in 2020.AppLovin is listed on Nasdaq and will be traded under the symbol "APP".Morgan Stanley, J.P. Morgan, KKR, BofA Securities and Citigroup were the main underwriters for the AppLovin offering. |
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