Tag: Zynga
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Zynga’s Leasing Agreement With Airbnb: A Material Transaction
The tech trendy SF-based email newsletter The Hustle reported on July 11, 2017 “Last night, we received an internal email from an anonymous, verified source at Airbnb confirming that the company has officially signed a multi-year, 5-story lease at Zynga’s headquarters in San Francisco’s SOMA district.” According to the email: “Phase 1 will begin in…
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Zynga: A Sleeping Dog in 4Q14
We forecast that Zynga’s 4Q14 bookings will be at the low end of guidance of around $183 million, based on App Annie revenue ranking trends. QoQ revenue growth in casino games has been wiped out by QoQ declines from its tentpole game FarmVille 2: Country Escape. While new releases Looney Tunes Dash! and New Words…
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Machine Zone: IPO or What?
Machine Zone [MZ] is a Palo Alto-based, mobile gaming start-up with a massively popular Top 3 app store hit called “Game of War: Fire Age.” [GoW] MZ describes Game of War: Fire Age as “.. a real-time mobile massively-multiplayer online game and parallel chat-speak translation application that translates over 40 languages for its players in…
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Kabam: Mobile Gaming Company IPOs after King and Zynga
Click here to download the Permalink. Kabam is a San Francisco-based mobile gaming company with three hit games each of which has reportedly grossed over $100 M since launching. In a recent interview with the Wall Street Journal, Kabam’s CEO Kevin Chou disclosed that “Kabam has raised $125 million from investors including Canaan Partners, Redpoint…
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Glu Mobile Will Beat Guidance Based on App Store Data
First quarter 2014 has just closed as I write this article about GLU Mobile (GLUU), a pure play mobile gaming company. With access to daily app store revenue rankings for the past 3 months, I believe that GLU’s revenue will exceed guidance a full month ahead of its 10-Q release and conference call scheduled for…