Internet game developer set to go public

The IPO will make Zynga the first publicly traded company whose profits depend on the sale of virtual goods.

Zygna Cityville online game

The social network game developer maker Zynga is going public after filing for an initial public offering to raise an estimated $1bn.

This IPO is the largest for a US internet company since Google’s in 2004.The company’s offerings have over 270 million monthly active users and are the most widely used game applications on Facebook.

Al Jazeera’s Gerald Tan takes a closer look now at the latest dot-com business heading to Wall Street.

Source: Al Jazeera