- Wall Street has fallen in … [+10238 chars]
Technology
Mobile Phone
AppLovin has rocketed to a $100 billion valuation. Some industry insiders are skeptical its run can last.
Adtech firm AppLovin's stock is surging after a recent move into e-commerce, but some ad insiders have questions about its business model.
AppLovin, led by CEO Adam Foroughi, has rocketed to an over-$100-billion valuation, fueled by a recent push into e-commerce ads.Adam Foroughi/Applovin, Tyler Le/BI