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zedge Zedge (ZDGE) is set to report earnings on June 12. New installs of its flagship the mobile app, ZEDGE Wallpapers, are down 11% YOY and down 6% QOQ. However, in-app purchase revenue of the app is up 839% YOY and up 101% QOQ.

App Acquisitions

scoot Scoot, a micromobility app where users can rent scooters, mopeds and bikes, is likely being acquired by Bird. Scoot been downloaded about 521,000 times since launch in June 2018. More on this below.

Ola not scaring Uber yet

Ola entered the UK, a market where Uber dominates, in August of last year and has done... so-so. The app has been downloaded about 420,000 times in the 10+ months its been live in market. This represents less than 2% of its global downloads in that same time period. Keep in mind Ola is doing a bit of a slow roll out in the UK and it still has more room to run.

Ola

This market ain't big enough for the both of us

As you read at the top of this note, Scoot is likely being acquired by Bird. Why? Scoot doesn't have the numbers to get Bird excited but it does have strategic advantages. Scoot and Skip (Skip was not included in the below chart as its marketshare was too small to visualize) are the only two operators with a license in San Francisco that allows for pick up/drop off street service. Scoot also has loyal users in Chile and Spain where Bird does not. Within this space, I can't imagine we do not see more acquisitions and/or companies folding within the next 365 days.

scooters

New Posts

Health & Fitness App Revenue Hit $385M Globally in Q1 2019

The Health & Fitness category hit an all time high in the first quarter of this year with $385 million dollars of in-app purchase revenue. The majority of this was through (you guessed it) iOS devices, representing 83% of the haul.

Tidbits:

Somewhat Mobile:

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