French mobile apps and games publisher Voodoo has acquired BeReal for €500 million. BeReal co-founder and CEO Alexis Barreyat will leave the company after a transition period. BeReal, known for its social app with almost 20 million daily active users, was acquired by Voodoo, which plans to roll out paid advertising and help BeReal kick-start growth. The acquisition aims to enable BeReal to build new features and expand.
Voodoo Acquires BeReal for €500M 💰 Global mobile game publisher @VoodooPlatform has announced the acquisition of Gen Z-focused social media platform @BeReal_App Here is what you need to know… 🔹 What is BeReal? BeReal has enhanced social media with its focus on “genuine… https://t.co/oDnsnV3lEq
Deal Dive: BeReal got its best-case scenario exit https://t.co/Mod8g0rPRj
Paris-based Voodoo, on track to make 700 million in revenue this year, bought BeReal hoping to turn it around by adding ads From @alexeheath: https://t.co/rBieX3vOc7
Paris-based Voodoo, on track to make 700 million in revenue this year, bought BeReal hoping to turn it around by adding ads https://t.co/5bJTGeoK82
BeReal sold for €500 million this week, I talked to Voodoo CEO @YazdiAlexandre about why he bought the once-hot social network and what's next. https://t.co/vDySHwQ8xu
“BeReal is a classic example of a tech company that’s hit a growth plateau within its historical market/biz model and needs to pivot." https://t.co/2ncr0Fbqa0
Mobile publisher Voodoo to support BeReal in product strategy, user growth, and infrastructure https://t.co/JJiUOWCow3
Mobile game publisher Voodoo acquires social app BeReal for €500 million https://t.co/yCpvUC7ERo
Free-to-play dev Voodoo acquires social platform BeReal Voodoo will use the platform to extend its reach to consumer apps, while BeReal plans to use Voodoo as a way to reach consistent, sustainable growth. https://t.co/MLGYsbWVLT https://t.co/ejCheDWaBY
BeReal just got acquired for a huge chunk of change https://t.co/gbtIaaK5c3
BeReal, which still has 40M monthly active users, is being acquired for $537M https://t.co/Enx7TswFu2 https://t.co/b67hwnuShd
Games publisher Voodoo acquires BeReal social network for $537M https://t.co/6kZH5o7Ort via @GamesBeat
BeReal (@BeReal_App), the photo sharing app focused on authenticity, has been acquired by French video game and app developer @VoodooPlatform to make its portfolio more diverse with consumer apps. https://t.co/4NJthhNtVc
Voodoo has acquired social media app BeReal for €500 million https://t.co/JJiUOWCWlB
BeReal snapped up by Voodoo for €500m https://t.co/4NJthhNtVc
Photo-sharing app BeReal acquired by Voodoo for €500mn https://t.co/0iS6L31SrA
Voodoo buys BeReal. Hope the app becomes a thing again, I used to love BeingReal™️ https://t.co/uIqlBbOcvH
BeReal is being acquired and its CEO is stepping down https://t.co/rKIeu7dj3i
Dealmaker: A consumer investor says BeReal’s surprise $537 million sale to Voodoo sends a positive signal to the market as venture capitalists face rising pressure to return capital to their limited partners. https://t.co/uVfxiKvbqf From @KateClarkTweets
BeReal, the "anti-Instagram" social media app that went viral in 2022 before stalling, has been acquired by a French developer for about $537 million. https://t.co/tqOrQXzW83
The Voodoo acquisition of BeReal seems surface level expensive, does anyone have any insight into the economics of this one?
Voodoo has acquired social media network BeReal with intentions to help it expand https://t.co/B5PZcqaSMO
It’s time to BeAcquired for €500 million: Image: Voodoo BeReal, the app known for its fleeting photo sharing window, has been acquired. On Tuesday, the French app developer Voodoo announced that it purchased the company for €500 million… https://t.co/2DNaNHX8V0 #ai #ainews
Free-to-play dev Voodoo acquires social platform BeReal https://t.co/MLGYsbWVLT https://t.co/7jYA7HyXrT
BeReal Is Being Acquired By Mobile Apps And Games Company Voodoo For €500M https://t.co/My87x9w2Gu https://t.co/AKmAHABHit
The companies say that the acquisition will enable BeReal to build new features and kick-start growth again. https://t.co/tEGFrFvtZw
I genuinely thought BeReal was a fad/dead. Wow, props to them. https://t.co/wrDHbXzpMi
BeReal, the buzziest app of 2022, has been bought by a mobile game publisher https://t.co/opk99AoAgi
Voodoo has acquired social media app BeReal for €500m https://t.co/dXsLldtgkx #gamedev #gamedevelopment #indiedev
Voodoo acquiring BeReal daily active user for ~$13 seems cheaper than paying Apple, Google, Meta for eye balls https://t.co/jW0H7Aienp
Voodoo, a French game company that makes hypercasual games, has acquired BeReal for €500M. This is a decent exit for a company that raised $90M in funding whose downloads have declined from 35M in Q3 2022 to 5M in Q1 of 2024. The new owner plans to roll out paid advertising. https://t.co/Ogd9G3iwF7
Since first meeting @alexisbarreyat over 3 years ago, he never once wavered on the mission of building a place for friends to truly be themselves. @BeReal_App succeeded in reaching millions globally and became a cultural phenomenon along the way.
BeReal was acquired for €500M by Voodoo, a leading hybrid / hypercasual games company, which at first glance seems expensive for a social app who’s downloads have dropped off. However BeReal has almost 20M DAUs, users who clearly are sticky. As Voodoo is transitioning away from… https://t.co/FNQ4216Eug
BeReal was just acquired by French mobile apps and games publisher Voodoo for €500 million As part of the acquisition, BeReal co-founder and CEO Alexis Barreyat will leave the company after a transition period - Tech Crunch https://t.co/85Yy3wHLJu
⚠️ Time to sell BeReal ⚠️ Voodoo, a French mobile apps and games publisher, has acquired BeReal for €500 million. As part of the acquisition, BeReal co-founder and CEO Alexis Barreyat will leave the company after a transition period. Read more: https://t.co/Hjpc3mus1V https://t.co/fzNWPwOrDz