AppLovin Offloads Apps Business as Ad Revenues Continue to Climb

Mobile ad tech business AppLovin has agreed the sale of its video games business, according to a filing on Wednesday. The deal sees London-based Tripledot Studios acquire the games unit for $400 million in cash, while AppLovin will take a 20 percent stake in Tripledot. The deal is expected to close in Q2 2025. The firm Read More