Company News: King Digital, Peugeot, Dongfeng Motor, Foreign Banks, Coca-Cola, Volkswagen
Candy Crush’s sweet numbers; emergency assistance for Peugeot; and more
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• Investors finally got a closer look at the sweet business model behind Candy Crush, as mobile-game maker King Digital Entertainment filed paperwork for an initial public offering. The Irish company says its phone and tablet apps have been downloaded about 500 million times and roughly 124 million people play its games every day. Still, revenue in the fourth quarter slid 3.1 percent.