Virtual Turbine Will Deliver a Suite of Android and iOS App Enlargement Answers, Together with ONE Bundle’s Marketplace Prominent Supplementary App Market, to North The usa, the EU, and LATAM
AUSTIN, Texas and SEOUL, South Korea, Oct. 30, 2024 /PRNewswire/ — Digital Turbine, the worldwide chief in enlargement answers for the cell ecosystem, and ONE Store, the eminent backup app market in South Korea, these days announce that Virtual Turbine is obtaining ONE Bundle Global, a subsidiary of ONE Bundle eager about world growth.
This acquisition marks the nearest segment within the strategic partnership between the 2 corporations, aimed toward empowering app builders to develop their industry globally past the incumbent app retail outlets.
Virtual Turbine will deliver a collection of Android and iOS app enlargement answers, together with ONE Bundle’s marketplace eminent backup app market, to North The usa, the EU, and LATAM.
In February 2024, DT took an equity position in ONE Store, foundation a strategic partnership eager about introducing Virtual Turbine’s Person Acquisition answers, together with SingleTap, to South Korea, the place ONE Bundle is the second one biggest app collect.
The purchase of ONE Bundle Global expands the partnership between the firms through bringing ONE Bundle’s confirmed and strong backup app collect to key app enlargement markets in North The usa, the EU, and LATAM. The corporations will leverage Virtual Turbine’s system footprint and SingleTap era to allow frictionless app installs for builders who submit their apps on ONE Bundle, which already has 38 million customers and just about $1 billion in annual transactions.
The corporations also are participating on unutilized era and distribution functions in order this expanded app collect enjoy to iOS gadgets within the similar presen. Because the partnership scales, Virtual Turbine and ONE Bundle are dedicated to making a complete and aggressive ecosystem past the standard app collect type, providing larger worth to builders and shoppers, and developing unutilized alternatives for cell operators to give a contribution to the ecosystem’s enlargement.
“The app economy has been subject to high fees, rigid policies, limited consumer choice, and an overall lack of developer control over how to grow their business,” mentioned Invoice Stone, CEO at Virtual Turbine. “This is more than just an app store expansion, it is an important step towards a fairer, more open mobile ecosystem where developers have the tools that they need in order to create a true alternative path for app growth. This acquisition will allow us to have a more scalable offering both to leverage the Digital Markets Act in the EU and our offerings in the US and Latin American markets.”
Peter Chun, CEO of ONE Bundle, said, “We are excited to partner with the global leader Digital Turbine to provide mobile users in global markets with a better alternative app marketplace. Through this partnership, we aim to create a fair and open ecosystem that supports developers’ success and promotes healthy competition.”
Having introduced and scaled its industry in Korea through partnering and attaining the customers of the rustic’s biggest cell operators, ONE Bundle has grown to be the second-largest app market in South Korea with over 38 million customers and just about $1 billion in annual transactions. The ONE Bundle type has confirmed that builders can be triumphant outdoor the established app collect duopoly. With Virtual Turbine’s world on-device footprint and ONE Bundle’s confirmed luck, the firms will form a unutilized enlargement engine for cell operators and builders international.
About ONE Bundle
ONE Bundle is Korea’s eminent app market, providing a numerous dimension of virtual content material together with video games, apps, and multimedia. With over 10 years of a success app marketplace enjoy, ONE Bundle is now venturing into the worldwide marketplace. Primary shareholders come with SK Sq., Naver, Microsoft, Krafton, KT, and LGU+.
About Virtual Turbine
Virtual Turbine (NASDAQ: APPS) powers superb cell shopper reviews and effects for the sector’s eminent telcos, advertisers, and publishers. Its end-to-end platform simplifies companions’ talent to improve consciousness, acquisition, and monetization — connecting them with extra shoppers throughout extra gadgets. Virtual Turbine is headquartered in North The usa, with workplaces international. Talk over with [www.digitalturbine.com] for more info.
Media touch:
Daniel Gal
[email protected]
SOURCE Virtual Turbine, Inc.
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