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ONE Store Partners with Digital Turbine for Global App Market Expansion

2024-02-07 2 min read

ONE Store Partners with Digital Turbine for Global App Market Expansion

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ONE Store, Korea’s second-largest app market outperforming most global competitors, and Digital Turbine, the global leader in growth solutions for the mobile ecosystem, today announced a strategic partnership to elevate the mobile experience in the highly sought after Korean App Market, intending to expand to additional markets globally. 

The collaboration brings together the companies’ unique capabilities to revolutionize the user experience and unlock new growth opportunities for mobile operators and app developers.

As part of the strategic partnership, Digital Turbine will invest ten million dollars in ONE Store, and will embed its innovative SingleTap® technology across ONE Store’s footprint of 40+ million devices in South Korea. App Developers distributing their apps through ONE Store’s leading application marketplace will benefit from an optimized app install journey and best-in-class conversion rates – while ONE Store users enjoy a seamless app install experience from any ad placement.

One Store, anticipating global expansion, secured strategic investments overseas following the 20 billion KRW investment from Krafton, a South Korean game developer, in October last year. In 2021, One Store attracted an additional investment of $15 million from DTCP (Deutsche Telekom Capital Partners), an investment specialist company affiliated with Microsoft and Deutsche Telekom.

ONE Store’s unique position as the world’s leading alternative app store complements Digital Turbine’s suite of app distribution and monetization solutions, creating a holistic offering for app developers to grow their business beyond the incumbent app stores. The partnership will launch in South Korea, the 4th largest market globally in terms of consumer in-app spend, and the companies are jointly looking to expand their unique combined capabilities to additional key markets in the near future.

“We’re excited to partner with ONE Store, trailblazers in alternative app markets reaching tens of millions of users.” Said Bill Stone, CEO of Digital Turbine. “This partnership will bring DT’s unique technology to tens of millions of users and hundreds of app developers in Korea. We look forward to building on our partnership with ONE Store in Korea into other parts of the world such as the EU with the pending implementation of the Digital Markets Act next month.”

“Digital Turbine’s investment offers a great opportunity for ONE Store to work with an outstanding partner in expanding into global markets,” said Peter Chun, CEO of ONE Store. “We will go beyond being Korea’s leading app market to grow into a global player.”

[Korean Contents Startup News]

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  1. […] ONE Store Partners with Digital Turbine for Global App Market ExpansionONE Store and Digital Turbine join forces to enhance mobile experience and expand globally, following strategic investments. […]

  2. […] ONE Store (USD 50 million): The mobile gaming platform partnered with Digital Turbine, a US-based company, for global app market expansion. This strategic alliance recognizes ONE Store’s impressive market valuation of over $850 million. […]

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