- Inc. Technology - http://technology.inc.com -
Zynga Delays IPO Because of Unstable Market
Posted By Elizabeth Sile On August 30, 2011 @ 10:24 am In Blogging and Social Media | No Comments
Zynga , the San Francisco-based game developer behind FarmVille and CityVille, will delay its initial public offering.
The company set plans in motion in June when it filed papers with the Securities and Exchange Commission and prepared to raise as much as $1 billion.
Zynga is one of the most anticipated IPO offerings and will likely make $1 billion in profits this year. Like Groupon , it has come under fire for its accounting practices.
Read more at The New York Post .
Article printed from Inc. Technology: http://technology.inc.com
URL to article: http://technology.inc.com/2011/08/30/zynga-delays-ipo-because-of-unstable-market/
URLs in this post:
 Zynga: http://www.zynga.com
 hoped to launch an IPO: http://www.google.com/url?sa=t&source=web&cd=1&ved=0CAMQxAEwAA&url=http%3A%2F%2Ftechnology.inc.com%2F2011%2F07%2F06%2Fzynga-maker-of-farmville-files-for-1-billion-ipo%2F&rct=j&q=inc%20technology%20zynga%20ipo&ei=k8xbTtX9E8jFgAfzrt2eDA&usg=AFQjCNGjj8BOoMlerIvHg42rl3IDdo5jtQ&sig2=Iz1oVwBh4nj-yrUb_Dn37Q&cad=rja
 The New York Post: http://www.nypost.com/p/news/business/zynga_loses_zing_IddRen9FeEBmOlKS3oVThL
 Like Groupon: http://www.google.com/url?sa=t&source=web&cd=1&ved=0CAMQxAEwAA&url=http%3A%2F%2Ftechnology.inc.com%2F2011%2F08%2F09%2Fgroupon-to-drop-controversial-financial-performance-measurement%2F&rct=j&q=inc%20technology%20groupon%20ipo&ei=9cxbTrHuEMjKgQeD1LWODA&usg=AFQjCNEid6Cn0ygbFZthzvVhtAQdJfbwQw&sig2=64uP6mLDfVnLiupjIs6xcQ&cad=rja
Copyright © 2011 Inc Technology. All rights reserved.