Sunday, February 28, 2021
App spending to reach $270 billion annually by 2025
Global consumer spending on premium apps, in-app purchases, and subscriptions across Apple's App Store and Google Play will reach $270 billion annually by 2025, nearly 2.5 times what consumers spent in 2020 as Covid-19 accelerated mobile trends. https://ift.tt/302GQPo
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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)
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