Twitter sells mobile ad network MoPub to AppLovin for $1 billion - NewsBreak
By Gomez in Business
Updated 3 years ago
Twitter Wednesday said it was selling its mobile ad network called MoPub to ad tech giant AppLovin for $1 billion in cash. Why it matters: Twitter says it will use the proceeds from the sale to bolster the development of its owned and operated products and to boost its own internal advertising products.