ONE Store Gains Momentum with $10 Million Investment from Digital Turbine

In a strategic move that underscores the dynamics of the global app market, ONE Store has recently received a noteworthy endorsement in the form of a $10 million investment from Digital Turbine (NASDAQ:APPS. This move is viewed as a vote of confidence in ONE Store's potential to make significant inroads on the international stage, beyond its established presence in the Korean market.

Investment Rationale

The decision by Digital Turbine to invest in ONE Store reflects a recognition of the latter's capacity for global market expansion. With this partnership, ONE Store is poised to accelerate its growth and strengthen its international footprint.

Strategic Collaboration

Both Digital Turbine and ONE Store are set to pool their resources to advance ONE Store's penetration of international markets. This will potentially lead to a broadening of ONE Store's user base and an enhancement of its app store capabilities.

About Digital Turbine

Digital Turbine, Inc. is a proactive agent in mobile and media communication, serving a vast array of stakeholders including mobile operators, application advertisers, publishers, OEMs, and others. With headquarters situated in Austin, Texas, Digital Turbine aims to deliver innovative products and solutions in this space. The investment in ONE Store further demonstrates Digital Turbine's commitment to fostering growth and adding value to the mobile ecosystem.

Investment, Global, Expansion