In a rather curious business decision at first glance, Israel-based digital entertainment company Playtika announced this Monday that it is acquiring the owner of the home design game Redecor – the Finnish company Reworks. Playtika’s Eighth Acquisition Deal The deal envisions Playtika paying $400 million upfront for 80% of Reworks and an additional of up to $200 million based on the target’s […]
Playtika, a leading social gaming business, had higher revenue and much lower costs of maintaining the company running, which is why H1 resulted in profits, stated the chief financial officer of Playtika. Statistics showed that for the first half of 2021, the revenue reached $1.30 billion, or an increase of 9.6%. While the $1.30 billion […]
Gaming developer Playtika launched an initial public offering (IPO) today, selling to the public 69,500,000 shares of its common stock. Earlier in the month, the company announced its intention to go public and list on the Nasdaq Global Select Market, expecting the offering price to be between $22 and $24, but today it initiated the […]
Playtika Holding Corp launches IPO in an attempt to boost its valuation to $10 billion and capitalize on gaming trend Playtika Launches IPO Israeli gaming company Playtika Holding Corp has launched an initial public offering in the US to further boost its growth and capitalize on the growing demand for mobile gaming. The company is […]
After three futile attempts to go public in China, Playtika is turning a hopeful eye to the United States where 75% of the company’s revenue is realized. Playtika Readies up to Change Chinese for US Dream Playtika, a developer of mobile casino-style games, is finally pulling away from its long-coveted market in China, after authorities […]
