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Published Jan. 25. Updated Jan. 25 at 4:35 pm
Ukrainian staff of tech firm Playtika pose for a picture on June 6, 2019. Israeli-based Playtika, which develops mobile gambling games, has three offices in Ukraine: in Kyiv, Vinnytsia and Dnipro. the company has recently raised $1.88 billion in an initial public offering on the Nasdaq Stock Market.
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Israeli tech firm Playtika, which has three offices in Ukraine, raised $1.9 billion in an initial public offering on the Nasdaq stock exchange.
A developer of mobile casino games, Playtika sold 79.9 million shares, giving the company a market value of about $12 billion.
The per-share price started at $22 on Jan. 15 but it rose to nearly $32 by Jan. 19 in what became the biggest listing by an Israeli-based company. Now Playtika and its China-based owner, Giant Investment, plan to use the IPO money to repay loans and invest in developing more games.