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Correct me if I'm wrong, but in 2020 Zynga had revenues of $2,506m and losses of $270.3m. https://investor.zynga.com/node/16156/html https://investor.zynga.com
by ID1452319 5y ago
Correct me if I'm wrong, but in 2020 Zynga had revenues of $2,506m and losses of $270.3m.
https://investor.zynga.com/node/16156/html https://investor.zynga.com/node/16156/html
- AuthError 5y agoMost of zynga's losses are due to acquisitions they make, they are otherwise very profitable, recently they have been acting as venture capitalist than developer.
- boeingUH60 5y agoYou made a mistake. It’s $2 billion revenue and $429 million loss in 2020, which seeven worse.
- boeingUH60 5y agoEdit: It’s $2 billion revenue and $429 million loss in 2020, which seems even worse. But note that Zynga’s losses are primary due to acquisitions they make to expand. They spent roughly $2bn on acquisitions in 2020 and $750mn in 2021.