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Kabam Says Its Revenue Doubled in 2013

It’s been cash-flow positive since 2012, but Kabam announced today that its revenues doubled in 2013. The privately held social-mobile gaming company said in a press release that it grossed $360 million last year, a 100 percent increase over the previous year and 50 percent greater than its own initial forecasts. Most of Kabam’s revenue came from Apple, Google and Amazon, but 30 percent came from games played on and Facebook.

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