PUBG IPO: Coding prodigy behind hit game PUBG eyes IPO worth billions
Synopsis The IPO could value the startup at as much as 30 trillion won ($27.2 billion), according to a Jan. 5 report by Eugene Investment & Securities Co. South Korea is set to raise as much as $10.9 billion, a record, through more than 120 IPOs this year, according to Eugene Investment & Securities Co. Kim Chang-han, a former child computer prodigy who won national coding competitions in South Korea in the 1980s, had reached his lowest point. It was 2014, and he’d just laid off a third of the employees at his gaming startup. Since 2000, he’d created three multiplayer online games at thr...
Source: indiatimes.com