AppLovin

AppLovin to Announce First Quarter 2024 Results

Retrieved on: 
Wednesday, April 3, 2024

AppLovin Corporation, (NASDAQ: APP) (“AppLovin” or the “Company”) the leading marketing platform, today announced it will report financial results for the first quarter on Wednesday, May 8, 2024 after the U.S. stock market closes.

Key Points: 
  • AppLovin Corporation, (NASDAQ: APP) (“AppLovin” or the “Company”) the leading marketing platform, today announced it will report financial results for the first quarter on Wednesday, May 8, 2024 after the U.S. stock market closes.
  • An accompanying webinar will take place at 2:00 PM PT / 5:00 PM ET on May 8, 2024 during which management will discuss quarterly results, as well as provide commentary on business performance.
  • The webinar will be hosted by Adam Foroughi, Co-founder and Chief Executive Officer, and Matt Stumpf, Chief Financial Officer.
  • A replay of the webcast will also be available under the Events & Presentations section of the Company’s Investor Relations website.

AppLovin and Flip Announce Flip To Launch Ad Marketplace for Merchants Using AppLovin’s AXON Technology

Retrieved on: 
Tuesday, April 2, 2024

AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, and Flip, a fast growing social commerce platform, today announced Flip will soon be relaunching its marketing platform for brands utilizing AppLovin’s AXON technology.

Key Points: 
  • AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, and Flip, a fast growing social commerce platform, today announced Flip will soon be relaunching its marketing platform for brands utilizing AppLovin’s AXON technology.
  • Additionally, Flip announced it is raising $144 million in a Series C funding round, including a $50 million investment by AppLovin.
  • View the full release here: https://www.businesswire.com/news/home/20240402160250/en/
    AppLovin’s AXON technology was launched in early 2023, and helped its advertisers achieve substantially more scale at higher performance across AppLovin’s network.
  • Likewise, brands on Flip will be positioned to drive significantly more sales,” said Adam Foroughi, Co-founder and CEO of AppLovin.

Adjust and AppLovin Unveil Winning Framework For Mobile Gaming Studios And Marketers To Ride App Growth Momentum

Retrieved on: 
Monday, March 18, 2024

SAN FRANCISCO, March 18, 2024 /PRNewswire/ -- Leading measurement and analytics company Adjust today released The Gaming App Insights Report, a first-of-its-kind resource for studios, developers and mobile marketers, pairing global mobile gaming app data with expert insights from AppLovin and its in-house creative agency SparkLabs. Notable growth in gaming app installs and in-app revenue in 2023 continued into 2024 reveals a resurgence across many subverticals and provides a window into a new framework – from leveraging AI to embracing CTV – to reach success and scale.

Key Points: 
  • "The perception that mobile gaming is stagnating due, in part, to a crowded market overlooks one positive by-product of this competition: growth," said Daniel Tchernahovsky, VP of Global Business Development, AppLovin.
  • The route to scalable mobile gaming growth has shifted and requires embracing changes in audience expectations, technological developments and measurement complexity.
  • Adjust and AppLovin's report also explores how generative AI can be utilized to streamline campaigns and how CTV is becoming a performance channel for growth.
  • And with cross-play and cross-device becoming increasingly crucial in 2024, marketers can learn more about expanding mobile gaming apps to PC and console with Adjust's new PC and Console Guide .

Enthusiast Gaming Celebrates 10th Anniversary of Pocket Gamer Connects London with Largest Event Ever

Retrieved on: 
Tuesday, February 20, 2024

LOS ANGELES, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), the leading gaming and media company in North America, is pleased to announce that its flagship event, Pocket Gamer Connects (“PGC”) London 2024, set records as its largest event to date.

Key Points: 
  • LOS ANGELES, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX: EGLX), the leading gaming and media company in North America, is pleased to announce that its flagship event, Pocket Gamer Connects (“PGC”) London 2024, set records as its largest event to date.
  • The show marked the start of the 10th anniversary of PGC events and surpassed all previous shows on a number of key metrics, with over 2,600 attendees representing more than 1,300 companies from 65 countries.
  • Key sponsors of the event included TikTok, Digital Turbine, Xsolla, Data.Ai, Meta, and Unity.
  • "The PG Connects London conference was our 10th anniversary show and the biggest to date on just about every metric," commented Chris James, CEO of Steel Media, a subsidiary of Enthusiast Gaming.

AppLovin Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Thursday, February 29, 2024

AppLovin will not receive any proceeds from the sale of its Class A common stock by the Selling Stockholder in the offering.

Key Points: 
  • AppLovin will not receive any proceeds from the sale of its Class A common stock by the Selling Stockholder in the offering.
  • In addition, AppLovin intends to repurchase approximately $570.0 million of the shares of Class A common stock being offered in the offering at the same per share price to be paid by the underwriters to the Selling Stockholder in the offering, inclusive of underwriting discounts and commissions (the “Concurrent Share Repurchase”).
  • The Concurrent Share Repurchase is conditioned upon the completion of the offering and therefore there can be no assurance that the Concurrent Share Repurchase will be completed.
  • The offering is not conditioned upon the completion of the Concurrent Share Repurchase.

AppLovin Appoints Barbara Messing to its Board of Directors

Retrieved on: 
Tuesday, February 27, 2024

AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced the appointment of Barbara Messing, former Roblox Chief Marketing and Communications Officer to its Board of Directors.

Key Points: 
  • AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced the appointment of Barbara Messing, former Roblox Chief Marketing and Communications Officer to its Board of Directors.
  • View the full release here: https://www.businesswire.com/news/home/20240227161788/en/
    AppLovin appoints Barbara Messing, former Roblox Chief Marketing and Communications Officer to its Board of Directors.
  • “We welcome Barbara as an advisor and prominent addition to the AppLovin board,” said Adam Foroughi, Co-founder, CEO and Chairperson of AppLovin.
  • She previously served on the board of directors of Overstock.com, Inc., and the board of directors of publicly-traded XO Group, Inc., which merged with WeddingWire in December 2018.

Adjust and AppLovin Reveal Ways AI-Powered Personalization Will Drive Next Mobile App Growth Phase

Retrieved on: 
Tuesday, February 20, 2024

SAN FRANCISCO, Feb. 20, 2024 /PRNewswire/ -- Leading measurement and analytics company Adjust, today released its annual Mobile App Trends Report with global app data along with expert tips from AppLovin, on trends and patterns – namely personalization powered by AI –  driving the evolution of the industry. The report finds that despite the downward trend throughout 2022, app installs grew 4% globally in 2023, demonstrating mobile's ability to deliver significant returns is as strong as ever and full of untapped opportunities.

Key Points: 
  • "Successful mobile app marketing and campaign optimization doesn't require a crystal ball," said Simon "Bobby" Dussart, CEO of Adjust.
  • The gaming hybrid casual genre has demonstrated that strategically incorporating personalization into a game's UX can dramatically boost retention rates and revenue.
  • In-app revenue for fintech apps surged 118% year-over-year, and app installs and sessions grew an impressive 42% and 24%, respectively.
  • Mcommerce is soaring with shopping app installs growing by 56% and overall global e-commerce app installs up to 43% in 2023.

AppLovin Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, February 14, 2024

AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the fourth quarter and full year ended December 31, 2023 and posted a letter to its shareholders on its Investor Relations website located at www.investors.applovin.com .

Key Points: 
  • AppLovin Corporation (NASDAQ: APP) (“AppLovin”), a leading marketing platform, today announced financial results for the fourth quarter and full year ended December 31, 2023 and posted a letter to its shareholders on its Investor Relations website located at www.investors.applovin.com .
  • AppLovin will host a webinar today at 2:00 PM PT / 5:00 PM ET, during which management will discuss the Company’s fourth quarter and full year 2023 results and provide commentary on the business’ performance.
  • The webinar may be accessed on the Company’s investor relations website or via webinar registration .
  • A replay of the webinar will also be available under the Events & Presentations section of our Investor Relations website.

Fasanara acquires specialist gaming/app lender Pollen VC

Retrieved on: 
Wednesday, January 24, 2024

LONDON, Jan. 24, 2024 /PRNewswire-PRWeb/ -- Fasanara, a London-headquartered specialist credit asset manager and technology platform with over $4 billion in total assets, acquires a majority stake in Pollen VC, a leading provider of non-dilutive working capital to the mobile gaming/app sector.

Key Points: 
  • LONDON, Jan. 24, 2024 /PRNewswire-PRWeb/ -- Fasanara , a London-headquartered specialist credit asset manager and technology platform with over $4 billion in total assets, acquires a majority stake in Pollen VC , a leading provider of non-dilutive working capital to the mobile gaming/app sector.
  • "We are delighted to welcome Pollen VC into the Fasanara family.
  • Pollen VC provides revolving credit facilities to mobile app and game developers based on their receivables to help them scale, without relying on dilutive VC capital to fund their marketing spend.
  • Francesco Filia, Founder & CEO of Fasanara said, "We are delighted to welcome Pollen VC into the Fasanara family.

AppLovin to Announce Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Wednesday, January 3, 2024

AppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), the leading marketing platform, today announced it will report financial results for the fourth quarter and fiscal year 2023 on Wednesday, February 14, 2024 after the U.S. stock market closes.

Key Points: 
  • AppLovin Corporation (NASDAQ: APP) (“AppLovin” or the “Company”), the leading marketing platform, today announced it will report financial results for the fourth quarter and fiscal year 2023 on Wednesday, February 14, 2024 after the U.S. stock market closes.
  • An accompanying webinar will take place at 2:00 PM PT / 5:00 PM ET on February 14, 2024 during which management will discuss quarterly results, as well as provide commentary on business performance.
  • The webinar will be hosted by Adam Foroughi, Co-founder and Chief Executive Officer, and Matt Stumpf, Chief Financial Officer.
  • A replay of the webcast will also be available under the Events & Presentations section of the Company’s Investor Relations website.