AppLovin Corp Ordinary Shares - Class A

APP: XNAS (USA)
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AppLovin Is Well Positioned to Continue Taking Share in the Digital Advertising Market

Business Strategy and Outlook

AppLovin is a vertically integrated advertising tech company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange that facilitates transactions between the two. The firm initially focused on mobile game advertising and monetization, but soon identified a broader need for enhanced customer acquisition and optimization tools across content types. AppLovin provides advertisers access to 1.6 billion daily active users. The company is growing rapidly and has a strong margin profile.

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