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Stock impact report

Adjust Finds 119% YoY Revenue Increase In Finance Apps Globally, Indicating Sustained Sector Growth Through 2024

Applovin Corporation - Class A (APP) 
Company Research Source: Business Wire
New Finance app insights report shows renewed interest in crypto; details how tech advancements, increased user spending and engagement will drive industry growth SAN FRANCISCO--(BUSINESS WIRE)--Today, leading measurement and analytics company Adjust released its Finance app insights report showing a global finance app industry poised for growth in H2 2024 – driven by technological advancements, increased user spending and engagement, and strategic market expansions. In-app revenue for finance apps in the first quarter of 2024 increased 119% YoY, underscoring their robust growth trajectory, especially in regions like Europe and LATAM, where effective user engagement and monetization strategies are visibly paying off. The report also indicates a renewed interest in cryptocurrency trading and management as global crypto app installs soared 196% YoY from 2022 to 2023.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/202406270948 Show less Read more
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