BUSINESSWIRE – Aug 3 – Total Q2 revenue was $31.3M, up 91% YOY, mobile revenue was $23.3M, up 55% YOY. The company has increased daily video minutes by 80% to 7.2M, with ~20% of its users watching videos every day. They expect to fully launch livestreaming video on Tagged and Skout by the end of this quarter. The Meet Group will also launch new banner and native advertising units within the video experience and gifting inside of video.
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Summarized by the Courtland Brooks team
