Life360 (NASDAQ: LIF), a San Francisco-based tracking app company, was featured in a recent Fox Business article. The article highlighted the company’s debut as a public company, noting that Life360 made its initial public offering at $27 per share on Thursday, June 6, with co-founder and CEO Chris Hulls ringing the opening bell. The company now trades on the Nasdaq under the ticker LIF. According to the article, Life360’s popular eponymous app allows family members to track each other’s whereabouts and has around 66 million active users globally. Life360 also owns Jiobit, a tracking device for kids, elderly loved ones and pets, and Tile, a suite of products for tracking devices. The article noted that Life360 is now among the top five social networking apps in the U.S. and has a significant free user base. Life360 nonetheless believes it has only scratched the surface in terms of market penetration. Last year, the company reported $304.5 million in revenue, a year-over-year increase of 33%. Its subscription revenue increased 44% year over year.
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About Life360, Inc.
Life360, a family connection and safety company, keeps people close to the ones they love. The category leading mobile app and Tile tracking devices empower members to stay connected to the people, pets and things they care about most, with a wide range of services, including location sharing, safe driver reports, and crash detection with emergency dispatch. Life360 delivers peace of mind and enhances everyday family life in all the moments that matter, big and small. For more information about the company, visit www.Life360.com.
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