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Aptoide experiences robust expansion and successfully attracts investment

In a testament to its increasing allure among developers, Aptoide has achieved an outstanding 75% year-on-year revenue growth. This success is complemented by a significant €8.5 million (approx. $9.2 million) investment from Digital Turbine (DT), building on DT’s initial investment in October 2022.

Aptoide and Digital Turbine joined forces to introduce GamesHub, a game app store strategically positioned for prominence among major U.S. operators. With key partnerships established with mobile carriers including ATT, Verizon, USCellular, Tracfone, Cricket, and BLU US, GamesHub holds substantial growth potential.

Expressing satisfaction with the accomplishments, Paulo Trezentos, Aptoide’s Founder and CEO, stated, “Our achievements 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.”

Aptoide 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. This marks a strategic move to strengthen its position and further diversify its offerings in the competitive app distribution landscape.

Source: adapted from an article by Baytan Uğur Yem, Author for Mobidictum.

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