French Mobile Apps Publisher Voodoo Acquires BeReal for €500 Million

Jun 11, 2024, 03:53 PM

BeReal, a social media app, has been acquired by Voodoo, a French mobile apps and games publisher, for €500 million. As part of the acquisition, BeReal's co-founder and CEO, Alexis Barreyat, will leave the company after a transition period. The acquisition was reported by TechCrunch and has raised questions about the role of BeReal's bankers in maximizing the company's value.