Peeks Social App Becomes the 15th Top Grossing Social App on the Google Playstore

Peeks Social (TSXV:PEEK) has provided an update of its Peek Social app on the Google Play Store.
As quoted in the press release:

The Company is pleased to announce that the Peeks Social app has risen in the United States to the 15^th top grossing social app on the Google Play Store. The app is also rapidly approaching the top 100 overall grossing apps on the Google Play Store out of approximately 3 million apps available for download in the United States. Noteworthy is the fact that Peeks Social is 7 positions higher than its competitor Periscope on the top grossing social category list in the United States. Periscope is a Twitter owned product with reportedly 10 million plus users. The Company attributes the rising standing of the Peeks Social app to be a result of: successful marketing and sponsorship programs; the launch of the Peeks account management portal which can be found at www.peeks.com; recent changes to its digital coin pricing strategies; and to the fact that the Peeks Social service is a purpose built social commerce product which naturally monetizes itself.
The rise in the product’s rankings comes despite significant changes to the service in June 2017, at which time the Company made a strategic decision to further restrict access to content of a mature nature within the app. This decision was made in order to provide a more brand friendly service with the aim of attracting advertising sponsorship sales, and to allow the app to continue to grow as a mainstream service. Although the change did have a temporary impact on revenues, revenues were greater for the quarter ending August 31^st, 2017, as compared to the previous quarter, resulting in 3 straight quarters of growth. The Company expects continued growth quarter over quarter for the foreseeable future.

Click here to read the full press release.