![]() Other companies have lined up to do IPOs, but the market window is unpredictable. The big ones were Unity Software, Skillz, and Kakao Games. ![]() When it came to public markets, 2020 was an extraordinary year, with 18 video game initial public offerings (IPOs) raising $2.8 billion, according to an analysis by InvestGame, which studies market transactions in the game industry. (Update: Playtika’s stock price closed at $31.62 a share, giving the company an enterprise valuation of $14.5 billion). Playtika’s trading opened at $35 a share and it is currently at $33.51 a share. The IPO is the largest in Israeli history, and the value puts it above American mobile game publisher Zynga, which is worth $10.7 billion. About $499 million of the amount goes to the company. In the offering, Playtika’s owner and the company sold stock valued at $1.88 billion, with Playtika offer 18.5 million shares and its owner, Shi Yuzhu (owner of Giant), selling 50.9 million shares.
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