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China-owned Playtika hires banks for US$1 billion US IPO: Sources - CNA
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Playtika is planning USD 1bn US IPO: Reuters (Zephyr) | CompanyNewsHQ
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Playtika's IPO would come amid a surge in demand for mobile gaming, for poker and solitaire, could be valued at around $10 billion in the IPO, #​TradeTalks: The Impact of Market Volatility on Fund Allocators Jun 24,


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Playtika's IPO would come amid a surge in demand for mobile gaming, for poker and solitaire, could be valued at around $10 billion in the IPO, #​TradeTalks: The Impact of Market Volatility on Fund Allocators Jun 24,


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Founded in , Playtika currently boasts 27 million monthly active users, according to its website. The Chinese coffee chain said in May that Nasdaq had notified it of plans to delist it from the exchange, a month after it disclosed that some employees had fabricated sales accounts. Last month, the U. Playtika and Morgan Stanley declined to comment. The sources requested anonymity as the matter is confidential. The IPO market has seen a significant pickup following the pandemic-induced stock market downturn, as investors place bets on newly listed companies benefiting from an expected economic recovery. Skip Navigation Jump to Main.{/INSERTKEYS}{/PARAGRAPH} Senate passed a bill which, if enacted into law, would make U. {PARAGRAPH}{INSERTKEYS}Playtika's preparations illustrate how some Chinese-owned companies continue to pursue U. Playtika's IPO would come amid a surge in demand for mobile gaming, as more consumers stay home during lockdowns aimed at curbing the COVID pandemic. Playtika has hired Morgan Stanley and other banks to underwrite the IPO and is aiming to go public either later this year or early in , the sources said, cautioning that the timing, valuation and deal size are subject to market conditions.