What is more, the top five games on Facebook are Zynga titles: CityVille, CastleVille, FarmVille, Zynga Poker and Words With Friends. CityVille was shut down on April 30, 2015.
It was closed down on February, 2013 just three months after the game’s release. A sequel, CityVille 2, was released in December 2012. Zynga's sales more than doubled through September, to $829 million, and it has earned $121 million since the start of 2010, according to its SEC filing. Will CityVille ever come back CityVille is a defunct casual social city-building game developed by Zynga, and released in December 2010. Most of the company's revenue comes from the sale of virtual goods, yet less than 3% of Zynga's 240 million players buy them. No matter how its shares do, Zynga still faces questions about its long-term business prospects and its ability to innovate. In a possible precursor to Zynga's IPO, online gaming firm Nexon went public Wednesday on the Japanese stock market, raising about $1.2 billion, but had a lukewarm first day of trading. Wednesday, shares closed at $22.55, down 77 cents, giving it a market value of $14.2 billion. Zynga is the worlds largest social game developer with over 300 million monthly active users playing games which include FarmVille, CityVille, Empires & Allies. Groupon, whose IPO raised $805 million last month, closed its first day of trading valued at $16.5 billion, later dipped to about $10 billion, but has since rebounded.
LinkedIn's IPO earlier this year was successful, but shares of discount-deals site Groupon and Internet radio service Pandora sputtered after the companies went public. Zynga's performance could be a significant marker for an oft-times balky tech IPO market. Under its current IPO scenario, Zynga would be valued at $9 billion, less than half the $20 billion Zynga anticipated when it filed to go public in July. Zynga is offering 100 million shares, which could raise about $1 billion to develop games and possibly acquire companies or technologies, according to Zynga's filing with the Securities and Exchange Commission. Now it has decided to step back from the social networking site F. Zynga's games, including CityVille and Words With Friends, first gained traction on popular social-networking site Facebook. That experience came together at Zynga, where he worked creating iconic buildings for the social game CityVille. Zyngas platform will also allow third parties to create new games that can reach. It begins trading Friday in what could be a zinger of an initial public offering: The biggest by a U.S. The social-gaming giant on Thursday set its initial public offering at $10 per share, the high end of its planned price range of $8.50 to $10. SAN FRANCISCO - It's game on for Zynga's IPO.
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