Tuesday, March 2, 2021

Mobile ad tech company AppLovin files S-1, revealing a net loss of $126M on $1.45B in revenue in 2020 and reporting its software reached 410M+ DAUs in Q4 2020 (Kia Kokalitcheva/Axios)

Kia Kokalitcheva / Axios:
Mobile ad tech company AppLovin files S-1, revealing a net loss of $126M on $1.45B in revenue in 2020 and reporting its software reached 410M+ DAUs in Q4 2020  —  Applovin, a mobile ad tech company that's expanded into video game publishing, has filed with the SEC to go public on the Nasdaq under the ticker symbol APP.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...