Family tracking app Life360’s shares hit an all-time high on Friday, soaring 18 per cent after the company announced it had surpassed 70 million users and lifted its revenue and earnings guidance for the full year.
The San Francisco-based company, which makes a popular tracking app and owns Bluetooth tracking device Tile, ended the June quarter with 2 million paying users and an extra 4.3 million new free users.
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Tess Bennett is a technology reporter with The Australian Financial Review, based in the Brisbane newsroom. She was previously the work & careers reporter. Connect with Tess on Twitter. Email Tess at tess.bennett@afr.com
