AppLovin becomes the advertising platform of the future with AI. The Q1 numbers impress with 40% revenue growth.

AppLovin (APP) was one of the high-flying stocks in recent quarters. Then came the downturn starting in February. AppLovin is a leading platform for performance-based advertising – originally in the mobile gaming sector, but now with a growing focus on e-commerce and web advertising. The company has its roots in app development, but is now completely divesting its gaming business (sale to Tripledot Studios) to fully concentrate on its profitable advertising business. The proprietary AI platform "Axon" is at the heart of this success and allows...