CooTek Sales From Google's Admob May Be Adversely Affected Amid Play Store Removal


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


CooTek (NYSE:CTK) shares are trading lower after the company acknowledged some of its apps have been temporarily disabled by Google (NASDAQ:GOOGL) from the Google Play Store and Google Admob.

The company denies allegations made by a media outlet that 58 of its apps submitted to Google Play in June 2019 engaged in malicious ad activity.

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

CooTek issued a statement that it takes the matter very seriously and is in continuous communication with Google to clarify the potential misunderstandings.

CooTek adds it has investigated internally, reexamined its apps and found no evidence to support the allegations.

On Wednesday, CooTek shares were trading down 2.12% at $8.97 at time of publication.

Related Link:

Google Will Invest An Added $1.1B In Dutch Data Centers


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: NewsTechMedia