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Tag: 500m

Voodoo Buys Social App BeReal for €500M in Mobile Gaming Expansion

Voodoo Buys Social App BeReal for €500M in Mobile Gaming Expansion

The New Dawn of Authentic Social Media: Voodoo Acquires BeReal In an ambitious move that underscores its strategic vision for the future, mobile gaming giant Voodoo has officially welcomed the authenticity-driven social media app BeReal into its family The acquisition, valued at a whopping €500 million, marks a significant milestone in Voodoo's expedition beyond the gaming realm into consumer-focused applications With this new venture, Voodoo isn't just expanding its portfolio—it's setting the stage for a transformative journey in the social media landscape The Synergy of Giants At first glance, Voodoo and BeReal might seem like entities walking parallel paths in different digital domains—one reigning over the gaming world with an impressive 7 billion downloads globally, while the other captures the essence of genuine moments with its 40 million strong user base However, the strategic alignment between these two powerhouses is poised to redefine what we expect from social interactions online...

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Voodoo Purchases BeReal Social Media for €500M

Voodoo Purchases BeReal Social Media for €500M

Voodoo Acquires BeReal: A Game-Changing Move in the Social Media World Voodoo, a leading mobile games publisher, has recently made a strategic move that has caught the attention of the tech world In an effort to diversify its portfolio, Voodoo has acquired BeReal, a Gen Z-focused social media platform, for a whopping €500 million This move signifies Voodoo's expansion into consumer apps beyond its traditional mobile gaming stronghold, opening up new avenues for growth and innovation Founded in 2013, Voodoo has established itself as a powerhouse in the mobile gaming industry, with a massive user base and a strong presence in the global market With over 7 billion downloads and more than 150 million active users, Voodoo is ranked as the third-largest mobile publisher worldwide, following tech giants like Google and Meta...

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