Playtika’s IPO filing reveals $2.3 billion in revenues and $2.3 billion in debt

Playtika‘s filing for an initial public offering reveals key details about the mobile game company’s financial performance. The company’s social casino games, including Slotomania and other titles, have generated $2.3 billion in revenues in the past 12 months, but the Israeli company also has $2.3 billion in debt. Playtika hasn’t said how much it is […]

ByteDance mulls TikTok IPO to clinch U.S. agreement

(Reuters) — China’s ByteDance is planning a U.S. initial public offering of TikTok Global, the new company that will operate the popular short video app, should its proposed deal be cleared by the U.S. government, people familiar with the matter said on Thursday. ByteDance is racing to clinch an agreement with the White House that […]

Palantir IPO filing reveals 2019 loss of $580 million

(Reuters) – Palantir Technologies on Tuesday filed to go public through a direct listing, as the data analytics company known for working with the Central Intelligence Agency and other government groups prepares for one of the biggest market debuts of the year. The company, which was founded in 2003 by a group including Donald Trump […]