AppLovin Corporation

General Information
Business:

Our mission is to grow the mobile app ecosystem by enabling the success of mobile app developers, especially mobile game developers.

AppLovin is critical to the success of mobile app developers, in particular mobile game developers, solving key marketing and monetization challenges. Through our technologies and scaled distribution, developers are able to manage, optimize, and analyze their marketing investments, and improve the monetization of their apps. The key elements of our solutions are delivered through the AppLovin Platform, which is comprised of AppLovin Core Technologies and AppLovin Software. In 2018, given an opportunity to scale our own apps using our Software, insights, and expertise in the mobile app ecosystem, we launched our first party content strategy, AppLovin Apps. Today, our Apps consist of a globally diversified portfolio of over 200 free-to-play mobile games across five genres, run by 12 studios, including studios that we own (Owned Studios), and others that we partner with (Partner Studios).

Industry: Services - Computer Programming/Data Processing
Employees: 902
Founded: 2011
Contact Information
Address 1100 Page Mill Road Palo Alto, California 94304
Phone Number (800) 839-9646
Web Address http://www.applovin.com
View Prospectus: AppLovin Corporation
Financial Information
Market Cap $28636.8mil
Revenues $1451.09 mil (last 12 months)
Net Income $-125.93 mil (last 12 months)
IPO Profile
Symbol APP
Exchange NASDAQ
Shares (millions): 25.0
Price range $80.00 - $80.00
Est. $ Volume $2000.0 mil
Manager / Joint Managers Morgan Stanley/ J.P. Morgan/ KKR/ BofA Securities/ Citigroup/ Credit Suisse/ UBS Investment Bank
CO-Managers Oppenheimer & Co./ Stifel/ Truist Securities/ William Blair/ LionTree/ LUMA Securities/ The Raine Group/ Blaylock Van, LLC/ Guzman & Company/ R. Seelaus & Co., LLC/ Roberts & Ryan
Expected To Trade: 4/15/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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