Zynga earlier today filed an S-1 with the SEC. What this means to you and me is the company plans to go public. According to the filing, Zynga aims to raise as much as $1 billion, but this could be a place holder amount. According to the filing Zynga has 60 million daily active users in 138 countries. 38,000 virtual items are created every second. The company had $100 million in revenue in 2010, and grew revenue to $235 million in the first quarter of 2011.
Zynga is profitable, posting $27.9 million in net income in 2010, which is a a 28% net margin
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