Twitter just disclosed how much money MoPub makes. The messaging platform had to reveal the mobile exchange's finances as part of its disclosure to potential investors before it becomes a publicly traded company.
In an S-1 amendment, Twitter revealed that MoPub generated $6.5 million in revenue in the first half of the year. MoPub makes its money from transaction fees on its ad platform. The revenue line is on pace to at least quadruple this year, but the company has not been profitable so far.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in