Last Friday, one of the largest players in the Chinese mobile games market – iDreamSky company – entered the US NASDAQ securities exchange.
The company’s plans for the placement of shares have been known for a long time. In July, we wrote about this in detail. Recall that during the placement, iDreamSky, who earned $40 million in 2013, planned to raise $115 million for further development.
And, apparently, he succeeded, because at the moment the price of one share of the publisher is $ 15.92. In total, the company has put 7.7 million shares on the market.
iDreamSky – in the West, first of all, is known for successfully launching Temple Run 2, Subway Surfers and Fruit Ninja in the Middle Kingdom. All three games, according to Newzoo, were in the Top 20 most popular games in China in May 2014. The MAU of the company’s games in China is more than 100 million.
Source: http://www.gamesindustry.biz