FILE PHOTO: Huuuge logo is seen in this illustration taken February 18, 2021. REUTERS/Dado Ruvic/Illustration
GDANSK (Reuters) - U.S.-registered mobile games developer Huuuge Inc. is looking closely at five acquisition targets as it seeks to accelerate its growth, its chief executive said on Tuesday, after the company reported a $83 million net loss for 2020.
Warsaw-listed shares of Huuuge, which has a strong presence in Poland and in February conducted the country's largest gaming sector initial public offering (IPO), were more than 5% lower by 1230 GMT, in response to the net loss which was driven by surging financial costs.
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