Life360 shares soar on 5 million new tracking app users
Shares in ASX-listed US tracking company Life360 jumped on Monday after it reported almost 5 million new users in the first quarter.
Just days after responding to an ASX query about its market disclosures, Life360 revealed it had added 4.9 million active users around the world and 96,000 paying customers. It ruled off the quarter with 66.4 million users in total.
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Nick Bonyhady is a technology writer for the Australian Financial Review, based in Sydney. He is a former technology editor, industrial relations and politics reporter at the Sydney Morning Herald and Age. Connect with Nick on Twitter. Email Nick at nick.bonyhady@afr.com
Joanne Tran is a markets reporter for The Australian Financial Review in the Sydney newsroom. Connect with Joanne on Twitter. Email Joanne at jo.tran@afr.com
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