Zynga Inc. is a leading developer of online games for social networks. The company is called a monster of the social games industry. Those who have accounts on Facebook and MySpace are familiar with Zynga as its games are widely-spread on these social networking websites. The most famous Zynga’s products are Blackjack, FarmVille, Friends for Sale, and Live Poker. Besides, Mafia Wars, Street Racing, Scramble, as well as Sudoku, Treasure Isle, and Vampire Wars are quite popular with social media users. These games are played by more than 215 million people monthly which is about 10% of the global online audience.
The company owns more than 1,000 game brands.
In December 2011, Zynga conducted the initial public offering on the NASDAQ. As a result, it yielded a profit of nearly $1 billion. The offering was priced at the top end of a preliminary range. Zynga’s IPO became the second biggest among dotcom companies, lagging behind the Google corporation.
In 2011, the company’s income was estimated at $597.46 million in accordance with the US GAAP, while the net profit was $90.6 million.
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