QYOU Media's Q GamesMela To Launch on mSeva Mobile App Platform
India's Government Owned and Developed Mobile App Store Created as an Alternative to Google Play and Apple App Store
Breakthrough Gaming App Q GamesMela Expands Distribution Into Tier 2 & 3 and
mSeva was developed as part of what is known as "Atmanirbhar Bharat", an effort by the government of India to develop a self reliant set of tools across many segments including technology and infrastructure. Unlike the Google and Apple app stores, mSeva does not charge fees to app developers who utilize the platform. The store became an instant hit when it was released in 2023 delivering over 90 million downloads shortly after launch.
Q GamesMela has delivered strong early results after being launched in Q4 2023. The app reached its first target milestone of one million downloads in approximately six weeks. There are currently over ten million individual games being played on the app monthly with users spending an average of one hour and thirty five minutes playing games each week. In addition, the ad inventory has been boosted by this gameplay and now consistently is delivering more than one million daily ad impressions. All of these achievements and early milestones have been accomplished faster than originally projected by the Q GamesMela team which saw the app grow from 500,000 to one million downloads in only twelve days.
The Indian mobile gaming ecosystem continues to experience a dramatic upsurge of growth with the country poised to surpass 1 billion internet users by 2025, accompanied by an estimated 820 million smartphone users within the next two years. A recent report by the All India Gaming Federation (AIGF) underscores this trend, highlighting the substantial increase in the number of Indian gamers, largely attributed to the burgeoning smartphone-based internet user base.* Currently India is expected to become the fastest growing major gaming market in
*https://aigf.in/
**https://hc.games/indias-gaming-market-in-2023/
One of the fastest growing creator-media companies, QYOU Media operates in
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE QYOU Media Inc.
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