Unlockd pulls IPO following Google threat

Original article by Paul Smith
The Australian Financial Review – Page: 11 & 16 : 17-Apr-18

Mobile advertising start-up Unlockd has been forced to abandon plans for an IPO after Google advised that its app does not comply with its terms of use. Unlockd’s app, which works by giving smartphone users a discount on their bill in return for seeing ads and other content when they unlock their phone, only works on phones that use Google’s Android platform. Unlockd co-founder Matt Berriman notes that Google previously had no problems with its app, and its action appears to have been prompted by the proposed IPO.

CORPORATES
UNLOCKD PTY LTD, GOOGLE INCORPORATED, HIGH COURT OF ENGLAND AND WALES, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, EUROPEAN COMMISSION, UNITED STATES. FEDERAL TRADE COMMISSION

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s