Mobile commerce platform Movile has invested US$15 million in PlayKids, one of the fastest-growing children’s educational and entertainment apps in the global market right now.
Available in 28 countries, including the US, the UK, China and now Japan, the SVOD platform will use the cash to expand in existing territories and bolster its preschool content worldwide.
More than 12 million families worldwide currently use PlayKids daily, spending 32 minutes per day on the platform, which is available for iOS and Android devices.