Today you wouldn’t be surprised to know that more than 50% of Flipkart’s sales revenue comes from mobile. With mobile dominating over traditional laptops and desktops, it is no longer a question of entering the mobile space, but how quickly you are pushing your business forward.
Just a couple of days back, Facebook announced $2.5 billion in revenue for the first quarter of 2014. Of that, $2.27 billion came from advertisements. But what is interesting to note is that about 59% of it came from mobile ads. Facebook now has more than 1 billion monthly active mobile users — an amazing growth over the past few years. Out of these 1 billion users, over 600 million are active on a daily basis and some 341 million people only use their mobile devices to access Facebook.
According to Gartner’s new report, by 2017, mobile apps will be downloaded more than 268 billion times, generating revenue of more than $77 billion. That makes apps one of the most popular computing tools for users across the globe. By 2017, mobile apps would have become mainstream, giving immense opportunities for new startups to connect with users.
Whether you are a mobile app startup or just getting ready to explore this ecosystem, you must attend YourStory App Fridays on 2nd May 2014. A panel of experts will share insights on mobile app development, distribution, designing, marketing and monetization.
Virendra Gupta, Founder – Newshunt & Umesh Kulkarni, Co-Founder & CTO – Newshunt will take you through how to build a consumer base of over 100 million in 2 years. With over 36 million installs, Newshunt is leading the digital vernacular revolution in India today. It is the only ‘Indian’ app in A C Nielsen’s list of top 10 apps in the country (a list that includes the usual biggies like Whatsapp, Facebook and YouTube); Newshunt users spend more time on it than even on YouTube and Facebook.
Join us at this meetup to know how Mobile Startups/Apps are changing the consumer experience, the future of mobile, and much more.
Where: YourStory Office, Bangalore (Directions)
Time: 6pm – 8pm