Aptoide achieves strong growth and secures investment

Alternative app distribution and monetization platform Aptoide has attained 75% revenue growth and secured a noteworthy investment from Digital Turbine.

Aptoide‘s exceptional 75% year-on-year revenue growth amplifies the platform’s appeal to developers. Building on this success, Aptoide secured a €8.5 million (approximately $9.2 million) investment from Digital Turbine (DT). This funding follows DT’s initial investment in October 2022.

Aptoide and Digital Turbine jointly introduced GamesHub, a game app store positioned for prominence among major operators in the United States. Through strategic partnerships with mobile carriers like ATT, Verizon, USCellular, Tracfone, Cricket, and BLU US, GamesHub has significant growth potential.

Paulo Trezentos, Aptoide’s Founder and CEO, expressed satisfaction with the achievements, stating:

“Our accomplishments in 2023 validate our commitment to delivering exceptional experiences. The expansion of our gaming catalog and substantial growth underscores our relentless pursuit of innovation.”

Álvaro Pinto, Aptoide’s Founder and COO, added:

“We are proud of our team’s dedication to achieving these milestones. Our collaborative efforts have empowered us to redefine app distribution, offering unparalleled solutions to both users and developers.”

The platform expanded its catalog through strategic partnerships with various titles, including Gardenscapes, Matchington Mansion, Evony: The King’s Return, The Walking Dead: Survivors, Age of Apes, Infinite Magicraid, and Triple Match 3D.

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