Google Play is doing pretty darn well, according to an update at today’s Google I/O developer conference today.
Currently, the Google Play has processed over 48 billion app installs from all the various devices using Android. In the last month alone, the company said it’s seen around 2.5 billion app installs, which is pretty impressive.
As for revenue, Google said it’s paying out more to developers than ever before. Also, revenue per user is 2.5 times what it was a year ago across the globe.
VB's research team is studying mobile user acquisition... Chime in here, and we’ll share the results.