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Zynga files for IPO

Comments (0) | 4 Jul 2011 | Rating Rating (-1 to +1): 0.0

| Print by Tim Human

Games developer reveals profit of $90.6 mn in 2010, in contrast to other loss-making social media companies

Zynga has become the latest social media company to file for an initial public offering, following the likes of LinkedIn and Groupon.

In its SEC registration statement filed on Friday, the video games developer says it plans to raise $1 bn, although this is just a placeholder figure for the ...

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