TechCrunch's Josh Constine does a post-mortem on Zynga's (ZNGA) collapse. In addition to the...
Saturday, October 6, 2012, 9:29 PM ETTechCrunch's Josh Constine does a post-mortem on Zynga's (ZNGA) collapse. In addition to the mobile gaming shift, he blames higher customer acquisition costs, Facebook's efforts to reduce "game spam" within notifications and news feeds, and the growing popularity of more complex games than the likes of FarmVille. Zynga now has a market cap of just $1.88B, in spite of having $1.2B in cash in the bank. Have shares sunk low enough that a Nexon, Yahoo, or Amazon will make a bid?
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