DAU

PLAYSTUDIOS, Inc. Announces Fourth Quarter Results

Retrieved on: 
Monday, March 11, 2024

Revenue was $77.1 million during the fourth quarter of 2023, compared to $79.4 million during the fourth quarter of 2022.

Key Points: 
  • Revenue was $77.1 million during the fourth quarter of 2023, compared to $79.4 million during the fourth quarter of 2022.
  • Net loss was $19.9 million during the fourth quarter of 2023, compared to net loss of $1.7 million during the fourth quarter of 2022.
  • Consolidated AEBITDA, a non-GAAP financial measure defined below, was $14.7 million during the fourth quarter of 2023, compared to $12.1 million during the fourth quarter of 2022.
  • Andrew Pascal, Chairman and Chief Executive Officer of PLAYSTUDIOS, commented, “We closed 2023 strongly, reporting fourth quarter results that were ahead of consensus expectations and above the midpoint of our guidance.

Korea's Leading Metaverse Carrieverse, Reaches 100k Global DAU

Retrieved on: 
Monday, April 1, 2024

According to Carrieverse, the DAU, which exceeded 150,000 after its global launch on Thursday remained above 100,000 as of Sunday.

Key Points: 
  • According to Carrieverse, the DAU, which exceeded 150,000 after its global launch on Thursday remained above 100,000 as of Sunday.
  • The gross sales also reached new heights, ranking 16th in all games and 4th casual games in Thailand.
  • In the global metaverse, it reached the Top 100 Casual ranks in 86 countries around the world, and is well positioned to be another strong K-game.
  • As of March 28th, when the global launch took place, it topped the global blockchain game ranking site, Play2Earn.net, and remained in the top 2 until Sunday.

CARRIEVERSE Grand Open, Spearheading the Global Web3 Market.

Retrieved on: 
Friday, March 29, 2024

SEOUL, South Korea, March 28, 2024 /PRNewswire/ -- Carrieverse Co., Ltd. has announced the grand opening of its Web3 metaverse game, 'Carrieverse', on the 28th of this month.

Key Points: 
  • SEOUL, South Korea, March 28, 2024 /PRNewswire/ -- Carrieverse Co., Ltd. has announced the grand opening of its Web3 metaverse game, 'Carrieverse', on the 28th of this month.
  • Since the early-access opening of the Asia 1 server on August 17th of 2023, Carrieverse has gradually expanded by opening in various other regions.
  • During the large-scale update in March, which was conducted before the global open, attendance events and various contents were updated.
  • More information about Carrieverse is available through the Official Carrieverse Community.

Kuaishou Technology Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 20, 2024

Users continue to choose Kuaishou, and our MAUs exceeded 700 million in the fourth quarter, marking a new record high.

Key Points: 
  • Users continue to choose Kuaishou, and our MAUs exceeded 700 million in the fourth quarter, marking a new record high.
  • Revenue from our live streaming business remained stable at RMB10.0 billion for the fourth quarter of 2023 and 2022, respectively.
  • In the fourth quarter of 2023, average MAUs on the Kuaishou App exceeded 700 million, marking another new record.
  • Based on our refined operation strategy, the subsidy cost per DAU of Kuaishou Express declined year-over-year in the fourth quarter of 2023.

Moomoo's Parent Company Futu Holdings Reports US$303.8 M and US$1.281 B in Revenues for Q4 and for Full Year 2023

Retrieved on: 
Thursday, March 14, 2024

For the year ended December 31, 2023, the Company recorded US$1.281 billion in revenues and US$585.1 million in non-GAAP adjusted net income, representing a YoY increase of 31.4% and 45.9%, respectively.

Key Points: 
  • For the year ended December 31, 2023, the Company recorded US$1.281 billion in revenues and US$585.1 million in non-GAAP adjusted net income, representing a YoY increase of 31.4% and 45.9%, respectively.
  • During the full year 2023, the Company had acquired more than 220,000 new paying clients, including over 59,000 newly added in the fourth quarter, a growth of 41.0% compared to that of Q4 2022.
  • Meanwhile, the paying client retention rate remained strong at 98%, with the total client assets achieving US$62.164 billion, up 16.3% YoY.
  • (Based on Data.ai's comparison of stock trading apps on Apple and Google app stores as of December 31, 2023).

Duolingo Reports 65% DAU Growth, 45% Revenue Growth and Record Profitability in Fourth Quarter 2023

Retrieved on: 
Wednesday, February 28, 2024

“2023 was an exceptional year that exceeded our own high expectations.

Key Points: 
  • “2023 was an exceptional year that exceeded our own high expectations.
  • It was capped off with a very strong Q4 that saw us achieve record bookings, revenue and profitability,” said Luis von Ahn, Co-Founder and CEO of Duolingo.
  • “We accelerated DAU growth in each quarter of 2023, and in Q4 achieved record-high user engagement and a record number of subscribers.
  • The following table summarizes our financial and operating highlights for the quarters ended December 31, 2023 and 2022.

Life360 reports CY 2023 results

Retrieved on: 
Thursday, February 29, 2024

SAN FRANCISCO, Feb. 29, 2024 /PRNewswire/ -- San Francisco area-based Life360, Inc. (Life360 or the Company) (ASX: 360) today reported audited financial results for the quarter and year ended December 31, 2023.

Key Points: 
  • SAN FRANCISCO, Feb. 29, 2024 /PRNewswire/ -- San Francisco area-based Life360, Inc. (Life360 or the Company) (ASX: 360) today reported audited financial results for the quarter and year ended December 31, 2023.
  • Life360 Co-founder and Chief Executive Officer Chris Hulls said: "We are incredibly proud that more than 61 million monthly active users (MAU) globally enjoy the peace of mind that comes with the location sharing and safety features of Life360.
  • "In 2023, we delivered on our commitment to balance fiscal responsibility and prudent investment to position the business for long-term success.
  • Core Life360 subscription revenue is defined as subscription revenue derived from the Life360 mobile application, excluding certain revenue adjustments related to bundled Life360 subscription and hardware offerings, for the reported period.

Q GamesMela Growth Trajectory Continues Via Delivery of 2.5 Million Downloads

Retrieved on: 
Tuesday, February 20, 2024

The app continues on a pace to reach its year one goal of 10 million downloads.

Key Points: 
  • The app continues on a pace to reach its year one goal of 10 million downloads.
  • Leveraging the massive viewership of the channel which reaches over 90 million viewers weekly, Q GamesMela will be sponsoring show contests enabling the viewer base to download its app and participate in engaging contests.
  • To participate, viewers are prompted to download the Q GamesMela app, where they can actively engage with the contest, enlisting increased attention to Q TV shows.
  • **
    Curt Marvis, CEO and Co-Founder, QYOU Media, commented "We continue to be thrilled with the amazing momentum and engagement with Q GamesMela.

What is CHAI AI's Chaiverse?

Retrieved on: 
Saturday, February 17, 2024

PALO ALTO, Calif., Feb. 17, 2024 /PRNewswire/ -- A lot of Chai users have been asking the question, "What is Chaiverse?" a feature currently obscurely advertised by the Chai developers. With a recent valuation of $450M, the Chai AI team has been pouring their funding into the development of Chaiverse, with the aim of connecting world-class Large Language Model (LLM) developers directly to millions of Chat AI consumers, offering each user a tailor-made combination of LLMs. This article provides a deep dive into the Chaiverse mechanism, how it works, and its implications for users.

Key Points: 
  • Unlike other Generative AI products, which typically offer models developed in-house, Chai AI has recently introduced their model developer platform, Chaiverse .
  • Chai AI's research team purport to be lazer-focussed on exploring what makes each Large Language Model (LLM) unique and to improve person-to-LLM recommendations.
  • After the model is operational, users of the Chai App can engage with it through arena mode, providing immediate numerical and textual feedback to developers.
  • A: Yes, the Chai App primarily features interactions with AI-driven bots, trained to mimic human-like conversations and behaviors.

CHAI AI: A Top Platform for Conversational Artificial Intelligence

Retrieved on: 
Wednesday, February 14, 2024

PALO ALTO, Calif., Feb. 14, 2024 /PRNewswire/ -- In the dynamic landscape of AI-powered content generation, OpenAI stands at the forefront of Artificial General Intelligence (AGI) research. However, the primary purpose of products such as GPT-4 is to act as a productivity aid, for tasks such as coding. In addition, access to the best such models is often restricted by paywalls. These limitation have led to the growing popularity of other platforms which are primarily focused on providing Generative AI for consumers.

Key Points: 
  • On the consumer side, the main use case for Generative AI is for conversational purposes, with the leading platform, TikTok, amassing over 1 billion monthly active users.
  • The largest emerging players are Character.AI and Chai AI, reporting 20 million and 5 million monthly active users, respectively.
  • One of the main differentiators setting TikTok, Chai AI , and Character AI apart is their platform-centric approach to Chat AI.
  • Unlike other Generative AI products, which typically offer models developed in-house, Chai AI has recently introduced their developer platform, Chaiverse .