AppLovin is selling a majority stake to Orient Hontai Capital for $1.4B

TechCrunch
By Anthony HaSep 26, 2016, 1:23 pm66 ptsTrending
Mobile ad startup AppLovin announced today it has agreed to sell a majority stake of the company to Chinese private equity firm Orient Hontai Capital for $1.4 billion. We first reported that AppLovin was in talks with a Chinese company for a $1.5 billion acquisition back in August. In his blog post announcing…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on Tech News Tube

Australian IC design house Morse Micro opens Taipei office 130

Ella Purnell Breaks Down Fallout's Big Season Finale Twists 128

Alphabet and Microsoft grow revenue without much help from AI 128

Throwflame launches fire-spitting robo-dog from Hell 128

Microsoft and Amazon's AI ambitions spark regulatory rumble 126

Daily Ev Recap: Ultra-fast charging adds 370 miles of range in 10 minutes 126

VMware’s end-user compute community told to brace for ‘Omnissa’ shift 123

In a first, the US will restrict existing coal-fired plants’ emissions 120

About Tech News Tube

Tech News Tube is a real time news feed of the latest technology news headlines.

Follow all of the top tech sites in one place, on the web or your mobile device.