Glu Mobile has announced its financial results for Q2 2014, seeing non-GAAP revenues of $35 million, up 51 percent year-over-year from $23.2 million in Q2 2013. GAAP revenue was $40.9 million for the quarter, up from $24.4 million in Q2 2013.
In addition, the company has announced its acquisition of Cie Games. The developer of Racing Rivals (pictured) and Car Town has been acquired for $100 million ($30 million in cash and $70 million in common stock), with the acquisition expected to close in August.
Mobile game discovery and monetization platform Chartboost has announced its partnership with mobile games company Chukong Technologies to expand its reach into Asia, providing Chinese developers with the tools necessary to find new players and monetize their games to achieve increased revenue and higher user retention.
Tapstream, a growth platform for mobile apps, has today announced the launch of its “Word of Mouth,” a new product that helps apps increase user acquisition via the social sharing of existing app users. When users recommend apps to their friends, those who download tend to be more engaged and higher-value users than others. Through this launch, Tapstream will help developers capitalize on that trend.
In its continued quest to help app developers create top-grossing products, Think Gaming has announced the launch of its first mobile advertising co-op. The platform encourages mobile app developers to work together and share advertising data that allows all parties to find the best paying users for their apps and games.
Mobile gameplay sharing network Kamcord has announced the launch of Version 2.0 of its social networking app, which allows users to view gameplay videos recorded with Kamcord in a variety of mobile games. In the new version of Kamcord, users have the ability to chat with their fellow gamers, post “likes” and comments on videos, and follow the best players from their favorite mobile apps. It’s like Instagram, but for mobile game videos.
Bandai Namco Games has announced the development of two new mobile titles in the iconic Pac-Man franchise: Pac-Man Friends and Pac-Man Championship Edition DX (CEDX). Both games will hit mobile before the end of the year, and fans of the series will recognize Pac-Man CEDX from its previous release on other platforms.
Emojis are evolving into their own language and are gaining just as much popularity as selfies. Isn’t it time they got their own documentary? This one is not even two-minutes short, but it captures the future growth of emojis, their potential assimilation into our lives, and their vague, graphical symbolism. (more…)
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