Although Facebook has been quick to recover, the social network’s advertising sales took a significant hit during the early days of COVID-19 lockdowns at the start of the year. According to results of an analysis by growth marketing agency Aisle Rocket, during March to May 2020, CPMs and CPCs on Facebook dropped 45% while conversions declined 53%. At the same time, the cost to acquire consumers rose 28%. Although CPMs,... Read more ›
0
Black Friday and Cyber Monday are expected to be key mobile shopping events, according to data from mobile analytics and insights provider App Annie. Consumers are estimated to spend over 110 million hours in shopping apps on Android devices during the shopping period that now extends over two weeks. And mobile is a key device this season given the quick adoption of mobile in light of the coronavirus crisis. App... Read more ›
0
Popular mobile app game Pokemon Go generated $1 billion revenues in between January and October 2020. Compared to 2019, gamers spent 30% more in-app, according to research from Safe Betting Sites. Pokemon Go Fest turned out to be a hit for the company, generating $17.5 million in just two days. Having launched in 2016, the gaming app was the fastest game to reach 10 million downloads and it took just... Read more ›
0
Mobile measurement and marketing company AppsFlyer announced that it raised funding from Salesforce Ventures at a valuation of $2 billion. The company didn’t disclose the exact amount, but it follows an investment round in January 2019 when the company raised $210 million at a $1.6 villain valuation. The company provides tools and services that enable mobile marketers to accurately measure their mobile ad spend. It’s a hot topic at the... Read more ›
0
Instagram is reportedly working on a FAQ feature that users can use to get answers to their questions from business and brand accounts. According to TechCrunch, the tech company declined to comment on the developments, but if true it could make it even easier for shoppers on the app to reach out to brands. A screenshot of the new feature meanwhile turned up on Twitter. It suggests that users could... Read more ›
0
A whopping 97.4% of apps in the Apple App Store represent just 7.6% of consumer spending falling under the $1 million annual threshold. That’s according to new data by mobile data and analytics expert App Annie. The latest findings are based on in-app earnings in 2019. It highlights that some 567,000 apps (around 93% of apps generating in-app revenues) are falling below that threshold. Meanwhile, 2.6% of developers accounted for... Read more ›
0
True Balance, the financial balance checking app start-up, just raised $28 million in a Series D financing round. The South Korean app is aimed at users in smaller cities and communities in India where it provides financial services for individuals without bank accounts. Some 300,000 transactions were made on the app in 2019, representing a growth of 50% over the previous year. The company has raised $90 million to date.... Read more ›
0
Snapchat is investing $1 million per day to reward creators that share the best video content in order to promote its Spotlight feature. Spotlight is similar to TikTok, allowing Snapchat users to create short-form video clips of a total of 60 seconds in length. Users can also add captions and licensed music clips as well as original recordings and AR filters to embellish their videos. The tool isn’t restricted to... Read more ›
0
Contrary to expectations, a majority of mobile marketers (70%) said they found COVID-19 has been beneficial for their business. Some 75% of marketers found that their users were highly engaged as lockdowns meant that more mobile users were communicating with family and friends using their smartphone devices. That’s according to findings from mobile app marketing firm Liftoff based on 623 billion impressions from over 1,000 mobile apps. As users were... Read more ›
0
A group of leading technology and publishing companies has joined forces to urge the UK anti-competition authorities to halt the launch of Google’s Privacy Sandbox which is due to be rolled out in 2021. The Marketers for an Open Web (MOW) group criticised that the Sandbox addition would get rid of login, advertising and other privacy features on Google Chrome. “The world’s regulators have realised that Google is attempting to... Read more ›
0
Snap has launched a series of new tools that allow app marketers to boost retention and lifetime value for their apps. The product suite promises new tools to boost return on ad spend. In a blog post, the company said that apps were becoming a tool to connect with others across Snapchat. It underlines Snap’s commitments to bring the best of Snapchat to other apps and adding third-party apps into... Read more ›
0
Instagram is fast emerging is one of the favourite marketing platforms among retailers. Some 90% said they bought ads on the platform in 2020 compared to 56% in 2019 – growth that’s without a doubt driven by lockdowns motivating more shoppers to buy online. According to a survey by social advertising platform Smartly.io, based on the answers of 300 marketing executives, 74% of marketers currently allocate 31% more of their... Read more ›
0
Mobile marketers are concerned and confused about the upcoming changes introduced by Apple for its iOS14. That’s according to a survey by mobile measurement firm AppsFlyer and the Mobile Marketing Association which found that 74% of advertisers expect changes to the use of Identifier for Advertisers to affect them negatively. Some expect to lose identifying information on up to 50% of consumers because of the new rules. “One of the... Read more ›
0
It seems that mobile ad fraud is growing and posing a danger to the integrity of marketing data. Global ad fraud rates rose 173% between August 2019 and 2020 according to new data from mobile app marketing platform Adjust. Researchers are now not just faking paid installs but also organic traffic. Among 200 million rejected installs, two-thirds were organic and just a third were paid installs. Ad fraud was even... Read more ›
0
Usage of video streaming apps rose in Q3 2020 by 15% as smartphone users continue to be locked down and the colder weather is keeping them trapped indoors. According to data from analytics firm App Annie, usage of video streaming apps rose in aggregate across the year and is expected to continue as more video streaming apps emerge and existing ones expand their streaming repertoire. YouTube ranked at the top... Read more ›
0
AudioMob, the in-game audio advertising start-up fresh out of London, just announced a $1.5 million funding round. The company only launched at the start of 2020. It was founded by ex-Google employees Christian Facey and Wilfrid Obeng in an effort to bring non-intrusive audio ads to mobile games. Audio ads are a promising market for advertisers and have proven successful across platforms such as Spotify and co. AudioMob is part... Read more ›
0
Advertiser adoption on TikTok grew almost 5x year-on-year according to research from Appsumer, the app performance marketing company. Adoption jumped from 4% in Q3 2019 to 19% in Q3 2020. That’s an impressive result given that many advertisers dropped spending during the COVID pandemic. Appsumer estimates that TikTok may have grown even quicker had marketers not turned to focus on core channels such as Facebook and Google during the pandemic.... Read more ›
0
Yubo, the teen social app, just raised €40 million in a third funding round that included investors Idinvest, Iris Capital, Alven, Sweet Capital and Gaia Capital Partners. The app, which is all about community and making new friends, said it will use the funds to improve its functionalities by adding games. Yubo will expand to London this autumn and plans to hire several new members of staff. It was created... Read more ›
0
We are delighted to reveal the 2020 shortlisted finalists for the App Growth Awards, now in its fourth year of celebrating success in the global app industry 🍾Our international panel of 20 expert judges whittled down over 250 submissions from around the globe to 62 finalists in 20 different categories. The vast array of entries from a myriad of companies highlights the growing size of an increasingly sophisticated app growth... Read more ›
0
Strava, the sports community app, just announced a funding round worth $110 million led by TCV and Sequoia Capital. The app now has over 70 million members across 195 countries. It plans to use the additional cash injection to develop new features. “We’re excited to partner with TCV and Sequoia. Together we’re building for athletes,” said Strava co-founder and CEO, Michael Horvath. “Today that means making Strava indispensable to athletes... Read more ›
0
Most popular sources
Business Insider
|
27% 1 |
Gizmodo
|
9% 8 |
Eurogamer.net
|
8% 4 |
Tom's Hardware
|
7% 4 |
The Verge
|
5% 3 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
01.10.2024 22:28
Last update: 22:05 EDT.
News rating updated: 05:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.