(Reuters) – U.S. mobile app and gaming company AppLovin Corp, backed by private equity firm KKR & Co Inc, is looking to raise as much as $1 billion through an initial public offering in the United States, according to a regulatory filing.
Reuters reported in October that AppLovin had hired Morgan Stanley to lead the IPO, citing people familiar with the matter. https://reut.rs/3scQITi
(Reporting by Sohini Podder in Bengaluru; Editing by Sriraj Kalluvila)
