Android app store Oomph, which is like a Google Play alternative for Indonesia, announced today that it has secured a round of seed funding of an undisclosed amount. The startup says it will use the funds to strengthen the team and expedite growth. The investment is from Japan-based IMJ Investment Partners. Oomph is aimed at the growing number of Android smartphone users in Indonesia. It has apps, games, wallpaper, music, and more.
Apple’s attempt to claim trademark ownership over the term ‘App Store’ has been thrown out of the Federal Court. Apple took the Australian Registrar of Trademarks to court mid last year after the Office refused Apple’s trademark application for the term, arguing ‘App Store’ did not distinguish Apple’s services from similar offerings.
Some apps in China’s iOS App Store are now available for a mere RMB 1 – that’s US$0.16. It’s the cheapest rate for a paid app anywhere in the world. The lowest paid tier in the China App Store used to be a more conventional RMB 6 (US$0.98), which equates to the US$0.99 level in the US App Store. Apps and games such as Plague Inc, Limbo, Doodle Jump, and GoodReader are now available in the China App Store for a mere 16 cents.
BANGALORE: Mobile application solutions firm Mobogenie today today launched its latest next generation Android store and entertainment hub, Mobogenie 2.0 Android Store. Mobogenie 2.0 aims to redefine how users interact with their smartphone, featuring smart and highly intuitive exploration for easy access to apps, games, pictures, wallpapers, videos and e-books, the firm said in a statement.
BANGALORE: As hardware prices continue to drop in India, the world’s fastest growing smartphone market, software sales is set to play an increasingly important part for smart device vendors who are striking distribution deals with app makers, content and value-added service providers. Until now, device makers were looking to make money on the hardware they sell. However, with margins not keeping pace with growing volumes, vendors are seeing opportunities to prop up the bottom line with software and content distribution deals.
Just like any other country in the world, there are a lot of Android smartphone users in Indonesia. According to research firm IDC, Android held 81 percent of the smartphone OS market in Indonesia last year. That means there are over 32 million Android users in the country at present. As a result, many players are looking to launch their own Android app stores in order to feed download-hungry users in Indonesia. Here are five contenders looking to win the market:
Chinese Android app store Wandoujia has reached a deal with Japan’s top messaging app Line for Wandoujia to run Line’s business and marketing in mainland China. Under the deal, Wandoujia will reportedly provide technical support for Line’s operation in mainland China. They will also jointly enhance Line’s localized content resource and operation, integrate brand marketing of both parties, and combine their platform advantages to assist quality developers and content providers.
WASHINGTON: South Korea’s Samsung remained at the top of the rapidly growing smartphone market in early 2014 as Chinese rivals gained ground, a survey showed on Wednesday. Samsung had a 30.2 percent market share, compared with 31.9 percent a year earlier. Apple remained the number two global vendor at 15.5 percent, which was down from 17.1 percent one year earlier. Chinese firm Huawei held third place with a 4.7 percent global share, with year-over-year sales growth of 47 percent.
: This has now been confirmed by Sungy. However, GetJar gets only $5.3 million in cash up-front. Sungy will also give them 1,443,074 in shares by 2016 as “earnout payments”. Those are worth over $30 million at Sungy’s current stock price, but who knows what they’ll be worth two years later). Sungy is best known for its GO series of apps like GO Launcher, GO Weather, GO Locker, Go SMS, and also its Next Browser. Its apps have a collective 325 million downloads around the world with 87 million monthly active users. 70 percent of its app users are from outside of China. The firm raised over $80 million in an IPO last November. After initially floating at $14.78 per share, its stock is now up to $21.06 at close of Tuesday’s trading.