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Alloy Receives Significant Investment from Purpose Group to Accelerate Growth Strategy

Retrieved on: 
Monday, April 8, 2024

Both Atlanta-based, Alloy is Purpose Group’s second portfolio company.

Key Points: 
  • Both Atlanta-based, Alloy is Purpose Group’s second portfolio company.
  • “The investment from Purpose Group is more than just growth capital,” said Alloy CEO Raj Choudhury.
  • Purpose Group’s investment in Alloy will go directly to value creation - fueling the agency’s strong go-to-market and corporate growth strategies.
  • “For over a decade, Alloy has been at the forefront of marketing innovation,” Purpose Group’s largest investor David Cummings said.

Alloy Receives Significant Investment from Purpose Group to Accelerate Growth Strategy

Retrieved on: 
Monday, April 8, 2024

Both Atlanta-based, Alloy is Purpose Group’s second portfolio company.

Key Points: 
  • Both Atlanta-based, Alloy is Purpose Group’s second portfolio company.
  • “The investment from Purpose Group is more than just growth capital,” said Alloy CEO Raj Choudhury.
  • Purpose Group’s investment in Alloy will go directly to value creation - fueling the agency’s strong go-to-market and corporate growth strategies.
  • “For over a decade, Alloy has been at the forefront of marketing innovation,” Purpose Group’s largest investor David Cummings said.

HUB Cyber Security Acquires QPoint Technologies, Advancing its Plans for a Secured Data Fabric Ecosystem

Retrieved on: 
Thursday, April 4, 2024

Following this acquisition HUB holds 100% of QPoint.

Key Points: 
  • Following this acquisition HUB holds 100% of QPoint.
  • This acquisition is strategically aligned with HUB’s mission to establish a leading global secure data fabric ecosystem.
  • Established in 2009, QPoint comprises five subsidiaries and provides solutions and consulting across various verticals, including innovative data management and security solutions.
  • Noah Hershcoviz, CEO of HUB, declared, "Acquiring QPoint is not just a transaction; it's a strategic move deeply embedded in our long-term vision.

Gorilla Reports Record 2023 Financial Results

Retrieved on: 
Thursday, April 4, 2024

LONDON, April 04, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology, today reported financial results for the fiscal year ending December 31, 2023.

Key Points: 
  • Profitability Turnaround: Gorilla recorded net profit of $19.9 million in fiscal year 2023, a dramatic shift of 123% from a loss of $(87.5) million in fiscal year 2022.
  • Gorilla, with leading innovation and relentless drive, has not just met our financial targets; we have catapulted beyond them.
  • The Company will host a conference call on Monday, April 8, 2024 at 8:00 AM EDT to discuss the Company's financial results.
  • The following table summarizes financial results (2023, unreviewed and unaudited):

Volaris Reports March 2024 Traffic Results: 87% Load Factor

Retrieved on: 
Thursday, April 4, 2024

de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its March 2024 preliminary traffic results.

Key Points: 
  • de C.V. (NYSE: VLRS and BMV: VOLAR) (“Volaris” or “the Company”), the ultra-low-cost carrier (ULCC) serving Mexico, the United States, Central, and South America, reports its March 2024 preliminary traffic results.
  • In March 2024, Volaris' ASM capacity decreased by 15.8% year-over-year due to the accelerated Pratt & Whitney engine inspections and the resulting aircraft groundings.
  • However, load factor increased by 1.3 pp YoY to 86.8%, as RPMs decreased by less than capacity.
  • Throughout the quarter, we achieved a robust load factor, with a well-balanced market mix aimed at maximizing profitability.”

Pixalate Releases Global Q4 2023 CTV FAST Apps Rankings & Traffic Analysis Report for Amazon Fire TV: 66% Higher Invalid Traffic (IVT) Rate on Non-FAST Apps

Retrieved on: 
Thursday, April 4, 2024

LONDON, April 04, 2024 (GLOBE NEWSWIRE) -- Pixalate , the market-leading fraud protection, privacy, and compliance analytics platform for Connected TV (CTV) and Mobile Advertising, today released the Q4 2023 Global Free Ad-Supported Television (FAST) Apps Rankings and Traffic Analysis Report for Amazon Fire TV .

Key Points: 
  • LONDON, April 04, 2024 (GLOBE NEWSWIRE) -- Pixalate , the market-leading fraud protection, privacy, and compliance analytics platform for Connected TV (CTV) and Mobile Advertising, today released the Q4 2023 Global Free Ad-Supported Television (FAST) Apps Rankings and Traffic Analysis Report for Amazon Fire TV .
  • Pixalate also published Roku , Samsung Smart TV , and Apple TV versions of the report.
  • The research uncovers the programmatic advertising insights of FAST apps - including ad spend trends, invalid traffic (IVT, including ad fraud), and top-grossing FAST apps - across Amazon Fire TV devices in Q4 2023.
  • FAST apps appear to be thriving in response to this sentiment, providing users with free (albeit ad-supported) video streaming services.”

MoneyHero Group Provides Guidance for Over $100 Million in Annual Revenue and Profitability in 2024; Elevates Shravan Thakur to Chief Commercial Officer to Support Growth and Expand Leadership Team

Retrieved on: 
Wednesday, April 3, 2024

SINGAPORE, April 03, 2024 (GLOBE NEWSWIRE) -- MoneyHero Limited (NASDAQ: MNY) (“MoneyHero” or the “Company”), a market-leading personal finance and digital insurance aggregation and comparison platform in Greater Southeast Asia, today announced the promotion of distinguished global executive, Shravan Thakur, to Chief Commercial Officer (“CCO”), effective March 20, 2024. Prior to this appointment, Mr. Thakur had previously served as MoneyHero’s Group Co-Head of Commercial since November 2022, where he oversaw the Company’s commercial strategies in Hong Kong and Taiwan, as well as the formation of a strategic partnership with TransUnion for MoneyHero’s pivotal credit scoring offerings. He joined the Company in April 2021 as the General Manager of Hong Kong.

Key Points: 
  • Mr. Thakur brings more than 20 years of senior commercial and operational experience to this CCO role, including three years with MoneyHero.
  • Prior to joining the Company, Mr. Thakur previously held executive roles with several prominent global companies, including American Express and PricewaterhouseCoopers.
  • His areas of expertise include growth and transformational strategies, business development, P&L management, partnership programs, team building, and broader corporate affairs.
  • In the key markets of Singapore and Hong Kong, MoneyHero saw over 130% and 40% YoY Q4 revenue growth, respectively1.

ON Partners Report Reveals Executive Women Secure Higher Base Salaries Than Men

Retrieved on: 
Wednesday, March 27, 2024

The report reveals a positive trend as the gender pay gap is narrowing year-over-year (YoY), with executive women earning an average of $452k, compared to executive men's average of $461k.

Key Points: 
  • The report reveals a positive trend as the gender pay gap is narrowing year-over-year (YoY), with executive women earning an average of $452k, compared to executive men's average of $461k.
  • A McKinsey Women in the Workplace report from 2023 highlighted the strides made in women's representation in senior roles.
  • As it pertained to average base salaries, executive women negotiated a higher base pay.
  • However, ON data shows that in the last ten years, executive women have consistently changed jobs faster than men.

Pixalate Releases Q4 2023 Mobile App Rankings for Top US Apple App Store Developers For Open Programmatic Advertising: US-Registered Apps (129k) Take 22% of Global Open Programmatic Ad Spend Market Share

Retrieved on: 
Tuesday, March 26, 2024

LONDON, March 26, 2024 (GLOBE NEWSWIRE) -- Pixalate , the global market-leading ad fraud protection, privacy, and compliance analytics platform, today released its U.S.

Key Points: 
  • LONDON, March 26, 2024 (GLOBE NEWSWIRE) -- Pixalate , the global market-leading ad fraud protection, privacy, and compliance analytics platform, today released its U.S.
  • Mobile App Economy: Q4 2023 Benchmarks Report - Apple App Store .
  • The report benchmarks the number of developers with Apple App Store mobile apps registered in the U.S., the volume of U.S. registered apps, and leading U.S. apps and developers based on estimated open programmatic advertising spend earned in Q4 2023.
  • Key Findings - U.S.-registered Apps and Developers in the Apple App Store:
    The number of U.S.-registered apps in the Apple App Store at the end of Q4 2023 was 129k, down by 3% YoY (from Q4 2022)
    The number of U.S.-registered apps with ads in the Apple App Store (based on app-ads.txt data) is 15k, an increase of 13% YoY
    Inpeace App Software Dev LLS, a developer of apps for churches and religious communities, ranks first among U.S.-registered mobile app developers based on volume of the total number of apps (703) in the Apple App Store as of Q4 2023
    *Estimated Ad Spend is based on Open Programmatic Ad Traffic as measured by Pixalate.

Pixalate Releases Q4 2023 Mobile App Rankings for Top US Google Play Store Developers For Open Programmatic Advertising: US-Registered Apps (213k) Take 15% of Global Open Programmatic Ad Spend Market Share

Retrieved on: 
Tuesday, March 26, 2024

LONDON, March 26, 2024 (GLOBE NEWSWIRE) -- Pixalate , the global market-leading ad fraud protection, privacy, and compliance analytics platform, today released its U.S.

Key Points: 
  • LONDON, March 26, 2024 (GLOBE NEWSWIRE) -- Pixalate , the global market-leading ad fraud protection, privacy, and compliance analytics platform, today released its U.S.
  • Mobile App Economy: Q4 2023 Benchmarks Report - Google Play Store .
  • The report is Pixalate’s first installment of a series of benchmark reports on the state of the mobile app and developer economy in leading countries around the world.
  • The report benchmarks the number of developers with Google Play Store mobile apps registered in the U.S., the volume of U.S. registered apps, and leading U.S. apps and developers based on estimated open programmatic advertising spend earned in Q4 2023.