SHAREit celebrates and highlights significant year-end growth and achievements

  • Date: 20-Dec-2022
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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SHAREit celebrates and highlights significant year-end growth and achievements

- With 220% revenue growth in 2021-2022, SHAREit expands into Middle East growth markets including the UAE, Saudi Arabia and Egypt

- Enables reduction of 20,000 tons carbon emissions daily through near-field transmission on SHAREit

- Introduces innovative and additional features for the “One App, Many Solutions” experience for users to address multiple challenges and ensure better mobile performance

Dubai, UAE: SHAREit Group, a global internet technology company, concludes the year by recapping its tremendous growth, accolades, and successes for 2022. This includes its prestigious ranking as No.4 media source globally in volume and power rankings in non-gaming categories, No.7 in all categories on the In-App purchases (IAP) index and No.8 on the global retention index across all categories for driving huge volumes. In the Middle East, SHAREit ranks amongst the Top 3 on the Retention index and retains its position amongst the top 5 on the IAP index – marking a pivotal point in the company’s impressive financial and entrepreneurial growth over the past year.

In the fiscal year 2021-2022, the company achieved 220% revenue growth, expanding its business network to expand to 150 countries and regions as well as 45 languages. This rapid growth prompted a move to prioritize its innovation efforts