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Mobile publisher and marketing platform AppLovin nets $2 billion through IPO '); } Mobile company AppLovin has raised $2 billion through an initial public offering (IPO) that valued the company at $28.6 billion.  MarketWatch reports the marketing platform turned publisher priced its IPO at $80 per share, and offered 22.5 million shares to raise $1.8 billion. Shareholder KKR Denali Holdings then offered 2.5 million shares to contribute an extra $200 million.  The news comes a year after AppLovin acquired AppLovin has previously invested in a number of game studios includi...

  The "Preliminary results for the year ended 31 December 2020" announcement released on 15/03/21 at 7:00am London time under RNS No.1803S contained an error relating to other operating expenses in the Financial Review section and the table titled Consolidated Statement of Comprehensive Income. The following amendments have been made.   Operating Profit Operating profit of US$66.9 million was US$2.0 million lower than prior year (2019: US$68.9 million) principally due to the negative impact of the BRL devaluation against the US, lower revenues being offset by reduc...

AppLovin IPO: Why the mobile tech company is going public Oliver Brett March 9, 2021 10:50 AM With its revenue split between mobile gaming and mobile marketing, AppLovin is in line to proceed to an IPO. But how did it get to where it is now? Share: What is AppLovin?  AppLovin is a mobile technology enterprise founded in 2012 with headquarters in Palo Alto, in the heart of California’s Silicon Valley. For its first two years, it raised $4 mill...

By Reuters Staff 1 Min Read Feb 3 (Reuters) - Mobile app company AppLovin Corp has agreed to buy Berlin-based startup Adjust to expand its technology platform ahead of an expected initial public offering (IPO) later this year. The financial terms of the deals were not disclosed in AppLovin’s statement on Thursday. Adjust, founded in 2012, makes tools that measure audience and prevent fraud in mobile advertising. It counts SoundCloud, Rakuten, and Tencent Holdings among its customers. The German company is the latest addition to AppLovin's portfolio, which also includes gaming studios Machin...

Playtika poised to lead rush of gaming IPOs in 2021, fueled by mobile binge during pandemic CNBC 1/15/2021 Ari Levy Playtika, an Israeli game company, is poised to go public on Friday with a market cap of about $11 billion on Friday. Playtika and its subsidiaries currently have five of the top 100 grossing games on Apple devices, including Slotomania and Bingo Blitz. Roblox is set to hit the public markets soon, while AppLovin is expectedly not far behind. © Provided by CNBC A woman plays at the stand of Xbox during the media day of the Gamescom video games trade fair in ...