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Vserv.mobi AppWrapper to Power In-App Purchases for Vietnamese ICT Major FPT's App Store


News provided by

Vserv.mobi

Mar 10, 2013, 19:00 ET

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Vserv Logo (PRNewsFoto/Vserv)
Vserv Logo (PRNewsFoto/Vserv)

MUMBAI, March 10, 2013 /PRNewswire/ --

Vserv.mobi, a leading Global Mobile Ad Network for app developers, publishers, advertisers and telecom providers has partnered with leading Vietnamese ICT major and leading local app store, FPT Mobile Applications (FMA) to enable app monetization for their developer community in Vietnam. The partnership will allow FPT to leverage the Vserv.mobi AppWrapper to enable In-App transactions such as 'Try & Buy' for developers on their App store. Over the past year, Vserv has recorded massive growth across South East Asia and has already established offices in Vietnam, Singapore & Indonesia, and is planning to expand its presence in Malaysia, Philippines & Thailand over 2013.

     (Logo: http://photos.prnewswire.com/prnh/20120725/546333 )

Commenting on the partnership, David Yin, GM - Developer Alliances, Southeast Asia, Vserv.mobi said, "We have always approached the challenge of app monetization with a very comprehensive perspective. This partnership will help FPT leverage the unique capability of the AppWrapper to deliver in-app transactions across multiple platforms with flexible end-user pricing models such as Try & Buy, Pay per Play and Subscriptions. These pricing models are extremely suitable for the app economy in emerging markets and will help FPT maximize revenues for their developers with minimum effort."

Vietnam has a booming mobile market with a mobile penetration rate of over 183% & mobile internet usage exceeding 60%. FPT Mobile Applications, a mobile app division of FPT Corp, is the owner of the leading local app store in Vietnam and its client version F-store is preloaded on every FPT phone, thus having massive reach.

Nguyen Sy Trung, Technical Director - FPT Mobile Applications added, "We are excited to partner with Vserv as they have a very strong understanding of monetization in emerging markets. With consumers today being hooked to mobile apps, this partnership with Vserv will help us provide excellent monetization avenues to our Vietnamese developers present on our app store, while delivering premium content to mobile consumers and further enhancing our presence in the market."

Founded in 2010, Vserv.mobi is an award winning Mobile Ad Network, having been named "Media Company of the Year" at the MMA Smarties 2012 and listed in the Red Herring Top 100 Award. The company presents a compelling value proposition for brand advertisers, premium publishers, app developers and telecom providers with its two revolutionary platforms, AppWrapper and AudiencePro.  

Contact: Binay Tiwari | +91-22-29275128 | [email protected]

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