Wall Street has fallen in love with the mobile adtech and gaming company AppLovin. AppLovin's recent push into e-commerce sent its market valuation over the $100 billion milestone. Shares in the mobile ads and gaming company AppLovin have been running wild — and advertising industry insiders have a lot of questions. Jeromy Sonne, the founder of marketing AI technology company Simbiant, has been monitoring the early AppLovin e-commerce results. Advertisement"If Adam was in control, Snap could be a $100 billion business — a $200 billion, $300 billion company — and AppLovin would be stronger too," Merutka said, referring to AppLovin CEO Adam Foroughi.

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Persons: AppLovin, It's, Piper Sandler, it's, Adam Foroughi, John Roque, Russell, Tim Nollen, Nollen, Cody Pfloker, Pfloker, Will Holtz, Holtz, Jeromy Sonne, he'd, hadn't, AI's Holtz, Thomson, Alex Merutka, Adam, Merutka, AppLovin execs, Foroughi Organizations: Nasdaq, Meta, Macquarie Equity, Google, AppLovin, Zynga, Thomson Reuters, Bloomberg, Nasdaq Investor Locations: AppLovin, Alto, Farmville