The social game maker, responsible for titles such as Farmville and Empires & Allies, filed its S-1 on July 1, and many expected the company to list itself on the NASDAQ exchange by this time. Zynga is hoping to raise $1 billion in its IPO.
[aditude-amp id="flyingcarpet" targeting='{"env":"staging","page_type":"article","post_id":349370,"post_type":"story","post_chan":"none","tags":null,"ai":false,"category":"none","all_categories":"entrepreneur,games,","session":"A"}']A representative from Zynga told VentureBeat, “We’re not commenting.”
The Zynga IPO would follow closely on the heels of Groupon, which listed itself this past Friday at $20 per share, and may augur in a new wave of tech IPOs. Zynga games are played inside social networking platforms such as Facebook, and have been minting money for the San Francisco company. Zynga recently amended its S-1 filing to show that the company has 6.7 million paying subscribers, up significantly from 5.1 million one year ago.
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The question that will be on many people’s minds will be how soon Facebook will follow suit.
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