What is King?
King is a leading force in the mobile interactive entertainment industry, renowned for its extensive portfolio of exclusive games enjoyed by a vast global audience. As of the second quarter of 2019, the company reported 258 million monthly active users across its web, social, and mobile platforms. King's success is built on developing and distributing over 200 unique titles through its proprietary platform, king.com, and major distribution channels including the Apple App Store, Google Play Store, Microsoft Windows App Store, and Amazon Appstore. The company's strategic focus on mobile gaming has solidified its position as a dominant entity in the digital entertainment landscape.
How much funding has King raised?
King has raised a total of $499.5M across 1 funding round:
Stock Offering
$499.5M
Stock Issuance/Offering (2014): $499.5M, investors not publicly disclosed
What's next for King?
The recent major strategic investment in King signals a strong confidence from stakeholders in the company's future trajectory and its capacity for sustained expansion. This influx of capital is likely to fuel further innovation in game development, enhance user acquisition strategies, and potentially support entry into new markets or gaming verticals. As an established enterprise-level player, King is well-positioned to leverage this financing to solidify its market leadership and explore new avenues for growth, potentially through acquisitions or strategic partnerships, further cementing its influence in the competitive interactive entertainment industry.
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