Network Group Co News Today

The board of directors of XD Inc. announced that, Mr. LIU Wei has retired as a non-executive Director upon the expiry of his term of office with effect from December 17, 2023 due to personal work...

Playtika stock rises after SEC filing reveals plans for $600M share bubyback.

As China’s Internet use shifted from desktop to mobile, Huang realised there wasn’t a Steam-style community dedicated to smartphone gamers. TapTap was born in 2016 and has been free to use from the outset. — AFP When China’s two big mobile powers clashed publicly on New Year’s Eve, the stock of a little-known gaming company surged the most ever, minting a new billionaire in 38-year-old maverick entrepreneur Huang Yimeng. Shares in his indie game distributor XD Inc rose 24% on the firs...

Playtika, the Israeli mobile gaming company, updated a Form S-1 filing with the Securities and Exchange Commission (SEC) today. The filing said it plans to sell $1.6 billion worth of equity in a US initial public offering (IPO) valuing the firm at $8.6 billion to $9.4 billion. Inside Playtika’s Israel headquarters. The company could be worth up to $9.4 billion in a US IPO. (Image: Haaretz) Prior speculation indicated Playtika was eyeing a $1 billion IPO that valued the company at $10 billion....