King, GoPro filings show appetite for consumer tech IPOs

By | February 19, 2014

Scalper1 News

On Tuesday, King Digital Entertainment, maker of the popular mobile game “Candy Crush Saga,” revealed plans to raise up to $500 million in an IPO. The company, which has principal offices in London and Stockholm, intends to list its shares on the New York Stock Exchange under the ticker symbol KING. Less than two weeks ago , action camcorder maker GoPro filed its plans for an IPO, but has kept the details under wraps by, for now, using special rules with the Securities and Exchange Commission. Last month, online coupon company Coupons.com filed to raise up to $100 million in an IPO. Other consumer tech firms reportedly planning to file for IPOs this year include online streaming music service Spotify, vacation home rentals website AirBnB, online fashion retailer Gilt Groupe and consumer-focused online storage company Dropbox . Consumer-oriented tech companies planning IPOs seem to generate more media coverage than business- or enterprise-focused … Scalper1 News

Scalper1 News