Sophie Blake
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Applovin with existing shareholder KKR seek up to $2.1B in its U.S. IPO

Applovin with existing shareholder KKR seek up to $2.1B in its U.S. IPO

Back in March, mobile app technology company on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed IPO of its common stock. The company and its existing shareholder KKR Inc. are looking for up to $2.13 billion in Nasdaq IPO. It is offering 22.5 million Class A shares as KKR Inc. plans to sell $2.5 million shares, according to a Wednesday filing with the U.S. Securities and Exchange Commission. The shares are being offered at $75 to $85 apiece. At the top of that range, based on the outstanding shares listed in its filing, Applovin have a market value of $30...

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Sophie Blake
Apr 8
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Coinbase reports an estimated $1.8B in total revenue in Q1 2021, up nine-fold

Coinbase reports an estimated $1.8B in total revenue in Q1 2021, up nine-fold

Cryptocurrency exchange Coinbase, preparing for the initial public offering next week, announced the first quarter results of 2021. It outperformed the whole last year with the revenue it generated in this quarter alone. Coinbase generated total revenue of approximately $ 1.8 billion, with net income between $ 730 and $ 800 million. The total trading volume of the company is announced as $335 billion. Coinbase’s revenue in the first quarter of this year has also nine-folded from $190.6 million last year.Coinbase also it has 56 million verified users as of  the first quarter ended March 31,...

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Sophie Blake
Apr 7
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Google Duplex Can Now Book Your Haircut Appointments

Google Duplex Can Now Book Your Haircut Appointments

Image Source: 9to5GoogleFirst announced and demonstrated 2 years ago at the Google I/O 2018 event, Google reportedly started rolling out a new Google Duplex feature to some U.S. users with supported devices which will allow them to have Google Assistant call their hairstylists, hair salons & barber shops and reserve appointments in a very effortless way. Google first introduced its Duplex project back in May 2018 at the Google I/O event and chose booking a haircut as the use case to highlight its conversational AI tech which makes phone calls to make appointments on behalf of Google...

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Sophie Blake
Oct 14
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Vungle acquires automated user acquisition platform AlgoLift

Vungle acquires automated user acquisition platform AlgoLift

San Francisco-based mobile ad network Vungle announced today it has acquired Algolift, an automated user acquisition platform for mobile advertisers, for an undisclosed price. Following the acquisition, Andre Tutundijan and Dmitry Yudovsky, cofounders of Algolift, will join Vungle, as well as the whole AlgoLift team. The team will continue to work out of its LA office.  With this acquisition, Vungle aims to adapt to IDFA changes to let its customers “continue acquiring high-quality users at scale with minimal impact.” “At Vungle, we have been preparing for a world without device IDs as user...

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Sophie Blake
Oct 13
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UPDATED – Gaming platform Roblox announces confidential submission to go public

UPDATED – Gaming platform Roblox announces confidential submission to go public

UPDATE (12.10.2020): Roblox confidentially files to go publicGaming platform Roblox announced on Monday in a written that it has previously submitted a draft registration statement on a confidential basis to the U.S. Securities and Exchange Commission for a proposed public offering of its common stock.“The number of shares of Class A common stock to be sold and the price range for the proposed offering have not yet been determined. “(October 2, 2020) – As reported by Reuters, US-based online gaming platform Roblox is working with investment banks to prepare to go public with a U.S. stock...

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Sophie Blake
Oct 12
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