FTC lawsuit reveals how subscription scam networks evade app store enforcement | TechCrunch
… From early 2023 to mid-2025, these five companies’ product offerings accounted for nearly a quarter of a billion dollars in global revenue. …
… From early 2023 to mid-2025, these five companies’ product offerings accounted for nearly a quarter of a billion dollars in global revenue. …
… The latest valuation implies a steep multiple of over 60x annualized revenue. The fast revenue growth and premium valuation position the less-than-five-year-old company for an IPO within the next few years, according to Izrailevsky pictured left . …
… In its filing with the Securities and Exchange Commission, Bending Spoons said it ended the year with $1.31 billion in revenue and has generated $601 million in Q1, a 132% year-on-year jump. The company gets the majority of its revenue from subscriptions, which account for 84% of its business. …
… Truecaller’s net sales dropped 27% to 362 million SEK $39.34 million , and ad revenues declined by 44%. The company is leaning into increasing subscription revenues with features like AI Assistant and Family Protection . …
… Because of this shutdown, platforms on which these real-money apps are advertised were deprived of that revenue. Truecaller also said that the revenue decline in the ad business was also due to a programmatic partner, identified as Google by an analyst earlier this year , changing its algorithms. …
… Topics AI , AI search , Enterprise , Glean , revenue , Startups When you purchase through links in our articles, we may earn a small commission . …
… Xu told TechCrunch that its revenue is largely powered by nearly 50% of the device users upgrading from the basic plan to the pro or unlimited plans. The company doesn’t yet sell standalone software subscriptions. …
… The jump in revenue from 2024 to 2025 came in large part from “AI solutions and infrastructure revenue” totaling $465 million, which includes $365 million in X and Grok subscription revenue and $88 million in data licensing. …
… Bending Spoons, whose name comes from a scene in the science-fiction movie “The Matrix,” generated the majority of its revenue from subscriptions, which accounted for 84% of its business last year. …
… This will be the first time that The Times has collaborated with a TV broadcaster for an entertainment-based program, representing yet another pivot in the media company’s attempt to build a sustainable digital subscription business as print revenue continues to decline. …