publishing6/25/2024,
MWM
Paris, June 25 2024,
MWM, the world’s leading mobile application publisher and developer, announces the acquisition of the US-based Swipewipe, in a landmark deal.
In the past 12 months, MWM has doubled its revenue while increasing its profitability, by focusing on improving its own products with AI-integrations, as well as signing publishing partnerships with external developers.
One of those partnerships was with Swipewipe. The successful association led to the acquisition, validating diversification of MWM’s historical development model and fueling the company’s ambition to build the world’s largest consumer app ecosystem.
This approach is part of MWM's strategy to build the largest community of developers, to offer the best experience in every mobile app category. Through their publishing platform, MWM has become a growth powerhouse for all types of apps, streamlining the optimization process necessary to boost monetization, user acquisition, and engagement.
“We have been pioneers in the industry for more than 12 years, and now is the time to extend our expertise to every app developer, offering a unique opportunity in a market that has never been more challenging to penetrate. Swipewipe was an exemplary product that’s aligned with MWM’s philosophy to craft things that people want” comments MWM’s Founder & CEO Jean-Baptiste Hironde. “Our publishing platform is used by over 600 developers, so I am sure that more acquisition deals will follow.”
Swipewipe's unique swipe-based photo management system, coupled with AI editing features, has revolutionized how users organize and enhance their digital memories. Recognizing the app’s potential, MWM signed a publishing deal with Swipewipe in 2023. Soon after, Swipewipe became a viral sensation, garnering over a billion views on TikTok, amassing more than 5 million users, and leading to the deletion of 3 billion photos. Praised by TechCrunch as a hidden gem of 2023, Swipewipe topped the App Store charts in the USA, UK, Canada, France and over 15 other countries.
“Initially, we built the app for ourselves, and by making something that we wanted, we had made something other people wanted too,” says Adam O’Kane, New Hampshire native and founder of Swipewipe. “But the app didn’t have enough virality to allow it to grow on its own. MWM’s expertise runs the gamut — from optimizing ad campaigns, working with creators, getting the App Store listing just right, re-working mechanics in our product, etc. We have worked on apps before this, but the team at MWM are the partners that we've always needed. Joining MWM was a no-brainer given the success we’ve achieved together, and I think we are just getting started!”
Swipewipe is expected to exceed €10 million in revenue this year, on iOS only.
Founded in 2012, MWM has established itself as a global leader in the development and publishing of creative mobile applications. MWM’s expertise spans across various fields such as music, drawing, photography, and video, with their apps among the most sought-after on both the App Store and Play Store. Thanks to the smart integration of AI, MWM constantly improves user experience, thereby solidifying its position as the #1 App publisher & developer worldwide in terms of app downloads. Their galaxy of apps, including edjing Mix, Beat Maker Pro, Color Pop, has amassed over 600 million downloads globally. MWM, based in Paris, is recognized as one of the top 120 startups in France, having raised over $75 million in funding to date from notable investors such as Xavier Niel, French DJ Martin Solveig, BPI, Aglaé, Eurazeo, Cassius Family, HDF and Blisce.
Available on iOS and Android, Swipewipe transforms your cluttered camera roll into a clean gallery with a swipe: swipe right to keep photos, swipe left to delete. Enhance your pictures’ quality with AI and relive your best memories!
For media inquiries, please contact
Lolita Suleimanova, Head of Brand and Communications MWM - lolita.suleimanova@mwm.io
Charles Perrot, COO MWM - charles@mwm.io