Daily App News

We read every single news in the mobile app space so you don't have to. Follow for daily news on mobile app acquisitions, investments, and growth trends 🔥

[Daily App News @dailyappsnews]

Welcome to App News

We will share the latest on everything mobile apps daily

→ Active hires
→ Acquisitions
→ iOS updates
→ VC Investments
→ Android updates
→ Executives moves

Follow to stay tuned on everything mobile apps 🔥

[Daily App News @dailyappsnews]

EPIC

CAL AI got acquired by MYFITNESSPAL

"Our North Star goal when starting the company was just to hit $50k / mo, and even that I felt was ambitious. Everything that has happened has been surreal"
Co-founder & CEO @zach_yadegari

The company was sold when Zach was still 18 years old.

Cofounders are @henrylangmack, @jakecastilloooo, and @blakeandersonw.

[Daily App News @dailyappsnews]

App-first agency @phiture acquired by Precis.

Phiture is the agency of choice for giant mobile-first players like @SoundCloud, @Headspace, @Deezer.

Precis is the agency of choice for e-commerce and retail giants like @amazon, @Fjallraven_Swe, and others.

Their client and service portfolio complements each other perfectly, without overlapping clients or services.

This is how M&A has to be done across the board.

[Daily App News @dailyappsnews]

@drink_watuh Undisclosed

[Daily App News @dailyappsnews]

COCONOTE WAS ACQUIRED BY QUIZLET

Quizlet CEO words:
"Instead of students adapting to fragmented tools, our new platform, combined with the addition of Coconote, mirrors how learning actually happens, effortlessly moving from question to understanding to application for lasting retention."
Kurt Beidler

Along with Duolingo, Speak, Babbel, Headway, and very few others, Quizlet is in the +$3M MRR IAP Education apps club. It feels only natural to add one of the fastest-growing student apps to their portfolio.

Quizlet's vision is to create a learning ecosystem that combines AI, multimedia, and a digital-first approach.

[Daily App News @dailyappsnews]

MERGED in a $7.5B deal

EGYM <> Playlist

EGYM is a German gym equipment and software company.

Playlist is the company behind top grossing Health & Fitness apps @classpass, @mindbody, and Booker, a web subscription service for wellness brands.

The transaction includes $785M in new equity investments.

The investment is led by @jaredkushner (AKA Ivanka Trump's husband) firm Affinity Partners, with participation from a consortium of previous investors: Vista Equity Partners, Temasek, and L Catterton.

[Daily App News @dailyappsnews]

Latest acquisition in Education: @babbel acquired @wellspent_app. Babbel returns to M&amp;A activities after its last acquisition of the browser extension for vocabulary learning, Toucan, in 2023.

[Daily App News @dailyappsnews]

Apple launched a new App Store for the web.

Major changes:
· Updated UX/UI
· Option to share the app
· Screenshots are mobile by default (it used to be iPad on the web)

Do you like it more before or after?

[Daily App News @dailyappsnews]

3 months post-acquisition, Grammarly rebranded to Superhuman.

The original Superhuman will now be Superhuman Mail.

[Daily App News @dailyappsnews]

@bendingspoons @AOL @apolloglobal Official announcement: https://t.co/dh4QjlXEsK

[Daily App News @dailyappsnews]

Italian giant @bendingspoons acquired historical @AOL for ~ $1.5B 🔥

AOL
→ Founded in 1985
→ It was part of Yahoo (@apolloglobal)
→ One of the most-used email providers: ~8M DAU and ~ 30M MAU

Bending Spoons
→ Giant app conglomerate owner of Evernote, Meetup . com, WeTransfer, others
→ Got a $2.8B debt financing to finance this transaction from Goldman Sachs, HSBC, Intesa Sanpaolo, J.P. Morgan, among other +10 banks

💰 $1,500,000,000

[Daily App News @dailyappsnews]

The stunning app icon was designed by @naoenomoto 🇯🇵

https://t.co/zxHjo6vriX

[Daily App News @dailyappsnews]

Founder of @spottedinprod, @raffichill, teams up with @rafsoh, @DrQas and @GabFoulon to launch @runbudsapp, a new Strava competitor focused on the social aspect of running.

[Daily App News @dailyappsnews]

Opal to add Brain Games (short Puzzles) as a new feature.

If the user wins, they can unlock their apps. If they lose, apps remain locked.

[Daily App News @dailyappsnews]

From top charts to 💨

“Tea Dating Advice�� and “TeaOnHer” were removed from the App Store earlier this week.

Apple cited violations of its App Review Guidelines and excessive customer reports and negative reviews violating Apple’s Developer Code of Conduct.

The apps remain active on the Android Play Store.

[Daily App News @dailyappsnews]

Health &amp; Fitness #1 Rank reclaimed by @calai_app 🏆

[Daily App News @dailyappsnews]

Official announcement: https://t.co/ARwOi9V6UC

[Daily App News @dailyappsnews]

App @breathwrk acquired by @onepeloton

Breathwrk
→ OS: iOS, Android
→ Category: Health &amp; Fitness
→ Estimated monthly revenue: $85K

Peloton Interactive
→ $PTON (NASDAQ)
→ Market cap: $3,13B
→ Estimated monthly revenue: $3M
(Peloton App only)

💰 Undisclosed amount