The company's core revenue streams are through in-app purchases of virtual goods, advertising revenues and paid game downloads. It employs close to 1,981 people and its games are played in around 150 countries all over the world. The company is known to develop and market many games on both the iOS and Android operating systems, as well as social networking sites such as Facebook (FB) and Snapchat.įounded in 2007, Zynga has its headquarters in San Francisco, California with offices in Canada, U.K., Ireland, India, Turkey, and Finland. Zynga is a U.S.-based company that is a global leader in interactive gaming on mobile platforms. However, the management has dealt with the situation very well, in my view, and has carried out key gaming studio acquisitions over the past few months such as Peak and Rollic.

Warning! GuruFocus has detected 3 Warning Sign with ZNGA. Also, Apple's new policy to curb access to users' unique Identifier for Advertisers (IDFA) could have a long-term impact in terms of the company's revenues. While the lockdown caused by the Covid-19 pandemic resulted in increased game time and significant growth in in-app purchases, it also resulted in advertisers slashing budgets, which affected ad revenues. The past few months have been mixed for the company.

After a particularly rough patch following its 2011 IPO, Zynga Inc (NASDAQ:ZNGA) has managed to stabilize as a company and become a leading player in mobile gaming with a management strategy based on a combination of solid in-house game development and pertinent strategic acquisitions.

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