Twitter to sell mobile ad unit MoPub for $1-billion

Twitter Inc said on Wednesday it has agreed to sell mobile ad company MoPub to AppLovin Corp for $1.05-billion in cash, as the microblogging platform looks to focus more on advertisements on its own app and website. MoPub, which generated about $188-million in annual revenue for Twitter last…

Link: Twitter to sell mobile ad unit MoPub for $1-billion
via http://www.theglobeandmail.com

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