![]() ![]() ![]() It is headquartered in London and run by co-founder and CEO Riccardo Zacconi, who will own 9.5 percent of the company after the IPO. King nearly went bankrupt in late 2003, when it was known as but instead it raised more money, and it has been profitable every year since 2005. Similarly, Zynga’s 2011 IPO valued that company at $7 billion, though its shares have trended lower, and its market capitalization was at $4.2 billion on Tuesday. The price of its shares values the entire company at $7.1 billion. Other games include PetRescue Saga and Farm Heroes Saga.Įleven-year-old King was founded in Sweden, and it raised $500 million in its IPO. Its most popular game, Candy Crush Saga, boasts about 97 million users daily who manipulate colored candies to solve puzzles. Revenue grew from $164 million in 2012 to $1.9 billion a year ago. King said it had 408 million monthly active users at the end of last year, and it earned $567 million in 2013, up from $8 million a year before. Share it with friends, then discover more great TV commercials on. Keep an eye on this page to learn about the songs, characters, and celebrities appearing in this TV commercial. Check out Kings 15 second TV commercial, Valentines Day from the Mobile Games industry. PHOTOS: 35 of 2014’s Most Anticipated Movies Candy Crush Saga TV Spot, Valentines Day. ![]()
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