APTOIDE SELLS STAKE IN FAURECIA APTOIDE AUTOMOTIVE
LISBON, Portugal, May 2, 2024 /PRNewswire/ -- Aptoide, the leading alternative app distribution platform, has announced the sale of its participation in Faurecia Aptoide Automotive to Forvia, a key player in the automotive industry, in a significant strategic move that illustrates the runaway success of the joint venture, a pioneer in digital and sustainable cockpit experience. For Aptoide, the sizable deal now made public means an even stronger focus on its core business of providing an innovative global platform for mobile app and games developers and users.
- Faurecia Aptoide is forecasted to achieve 20% market share in automotive apps by 2025 and 35% by 2030.
- The Faurecia Aptoide Automotive apps market platform brings leading applications in categories such as music streaming, gaming, video and navigation into the automotive ecosystem.
- Faurecia Aptoide Aptoide is one of the leading companies in the world in bringing the apps experience to cars.
- Faurecia Aptoide Automotive plays a critical role in accelerating our software strategic direction, driving innovation, and providing our customers with the highest quality apps tailored to their specific needs.