Exclusive: China-owned Playtika hires banks for $1 billion U.S. IPO - sources

3:54pm PDT - June 2nd, 2020    luckin coffee - Reuters

Playtika Ltd, a mobile gaming company owned by a Chinese investor group, has hired investment banks to prepare for a U.S. initial public offering (IPO) that could raise around $1 billion, people familiar with the matter said on Tuesday.