Playtika, a leisure social game platform and an Israeli company, has officially submitted a prospectus to the US Securities Regulatory Commission (SEC) and plans to list on NASDAQ. Its underwriters include top international investment banks such as Morgan Stanley, Credit Suisse, Goldman Sachs, Citigroup, Bank of America and UBS. The public submission of the prospectus means that the SEC has completed the inquiry in the secret phase, the IPO pass has been obtained, and the public offering and listing are imminent. < / P > < p > according to the prospectus, playtika The operating revenue of playtika increased from US $1151 million in 2017 to US $1888 million in 2019, with a compound growth rate of 28.07%. The adjusted EBITDA profit increased from US $374 million in 2017 to US $621 million in 2019, with a long-term adjusted EBITDA profit margin of about 32%. In the nine months ending September 30, 2020, playtika’s revenue was US $1798 million, with a year-on-year growth rate of 28.48% The overall EBITDA profit was US $666 million, up 41.18% year on year, and the adjusted EBITDA profit margin was as high as 37%. < / P > < p > playtika, founded in 2010 jointly by Robert antokol (CEO) and URI Shahak, is an AI based game transformation company headquartered in Israel. The company has a global original business model, acquiring game assets for transformation, continuously analyzing, understanding and learning users through big data, artificial intelligence and other technical means, and outputting refined operation transformation scheme of the game, so as to realize the substantial growth of the game. < / P > < p > in addition to the headquarters in Israel, playtika has offices in Argentina, Australia, Belarus, Canada, Japan, Romania, Ukraine, the United States and other countries, with more than 3500 employees worldwide. It is a global mobile game platform. Playtika’s products have expanded from chess and card games to a wider range of leisure and social games, including farms, solitaire and so on. Playtika has nine of the top 100 best-selling games in the United States, and is the company with the largest number. < / P > < p > as a company with distinctive Israeli high-tech characteristics, playtika has continued to lay out its AI business in recent years. Through the acquisition of DS and de lab, a new AI Department has been set up. Playtika has gathered many top Israeli AI researchers. These achievements of artificial intelligence and machine learning are gradually being applied to the integration and transformation of newly acquired assets. In August 2016, Chinese consortia, including giant network, signed a final agreement with Caesar entertainment to acquire playtika with us $4.4 billion in cash. Then giant network plans to include playtika into the listed company through major asset restructuring. Due to changes in the domestic capital market, the asset will be listed in the United States. < / P > < p > playtika’s prospectus to the SEC shows that its main business is to develop and operate mobile leisure social games, and it does not involve gambling business related to real money transactions. Its users are distributed in North America, Australia and other regions. All businesses comply with the federal and state laws of the United States and the local laws of other businesses. Its business is legal and compliant, and does not involve gambling. < / P > < p > on July 2 this year, giant network announced that jukun network, the company’s joint-stock subsidiary, completed the acquisition of Chongqing Cibi through capital increase. Chongqing Cibi holds 42.04% of alpha, which is a shareholding platform established for the acquisition of playtika. < / P > < p > according to public information, Zynga and playtika are very similar in their main businesses. Zynga’s revenue in 2019 was $1.322 billion, with an adjusted EBITDA profit of $87 million; its revenue for the nine months ended September 30, 2020 was $1.359 billion, with an adjusted EBITDA profit of $176 million. As of December 18, Zynga closed at $9.94, with a market value of $10.725 billion. < / P > < p > according to the analysis of relevant investors, many business indicators of playtika, including revenue scale, growth rate, EBITDA profit and EBITDA profit margin, are significantly better than Zynga. In addition, the atmosphere of the current U.S. capital market is very warm, especially the head technology enterprises like playtika, which are particularly sought after by the market. Take airbnb, an online holiday housing rental platform, as an example, its share price surged by more than 112% on the first day of IPO; snowflake, a cloud computing company invested by Warren Buffett, rose 111% on the first day of IPO, and continued to rise in the future. What kind of valuation playtika will receive from the international capital market is highly expected. Global Tech