AppLovin scraps acquisition and takes debt financing instead

Startups 0 Comment 2

 The story of AppLovin‘s acquisition has taken another turn. We first reported that the mobile ad startup was in acquisition talks in August of last year, and the announcement came a month later: AppLovin would sell a majority stake Chinese private equity firm Orient Hontai Capital. Today, however, CEO Adam Foroughi revealed that the deal is (sort of) off. Instead of an outright… Read More
Source: Tech Crunch Startups | AppLovin scraps acquisition and takes debt financing instead

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