AppLovin (APP) Stock: Company Plans Its Own Social Network After Failed TikTok Bid

TLDR APP stock rose ~2% Thursday after AppLovin confirmed plans to build its own social networking platform. The announcement came via a podcast featuring Chief Product and Engineering Officer Giovanni Ge, backed by a live job posting. AppLovin failed to acquire TikTok’s non-Chinese assets last year and is now building its own platform instead. The [...]

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