COMPANY

adjoe

adjoe is a rewarded mobile ad platform for app monetisation and user acquisition.

Analyst Perspective

adjoe is a German mobile advertising technology company focused on rewarded advertising for apps, particularly mobile gaming. Its core product, Playtime, is an offerwall-style rewarded ad unit that app publishers integrate into Android and iOS apps so users can earn in-app rewards by playing advertised games or completing app-related actions. The company serves both sides of the mobile app ecosystem: publishers and game developers seeking monetisation, and advertisers or performance marketers seeking user acquisition and downstream engagement.

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Category Differentiation

This company is a mobile rewarded advertising platform, not a creative agency or a consumer app publisher. It is distinct from general mobile ad networks by its specific focus on offerwall-style rewarded monetisation and user acquisition in app environments.

adjoe: About

The company operates a performance-based mobile ad marketplace. It connects advertisers buying installs and post-install engagement with app publishers integrating rewarded placements, using SDK-based distribution and algorithmic optimisation to match demand and supply. Value is created by improving advertiser return on ad spend while helping publishers monetise engaged users through rewarded app experiences.

How adjoe Works & Monetises

Business model analysis and core revenue streams

adjoe monetises primarily through performance-based mobile advertising. Advertisers pay on install and action-based outcomes, with spend dynamically optimised using ROAS-oriented bidding and performance data. Publishers receive a revenue share for integrating rewarded placements, while adjoe captures platform margin from the difference between advertiser spend and publisher payouts, supplemented by its proprietary optimisation and marketplace infrastructure.

Revenue Channels

Advertiser spend on rewarded user acquisition campaignsPerformance-based media margin on CPI and event-driven campaigns
Publisher monetisation marketplace take-rateRevenue share spread between advertiser spend and publisher payout
Optimisation-driven campaign value captureAlgorithmic bid and ROAS optimisation embedded in platform economics

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adjoe: Key Competitors & Alternatives

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Recent Signals (adjoe)

PocketGamer.bizJul 6, 2026

PG Connects Summit Shanghai Confirmed Attendees Listed

PocketGamer.biz reports that PG Connects Summit Shanghai will return on July 29 with a one-day, business-focused summit ahead of ChinaJoy. The event features a curated five-track conference programme, around 40 expert speakers, an expanded Big Indie Pitch and a free online networking platform to connect local and international companies. The article publishes an alphabetical list of confirmed attendee companies — from game developers and publishers to service providers — and highlights examples including G5 Entertainment, Kingsoft, Krafton, Mattel163, Rovio, SayGames, thatgamecompany and Wargaming. Tickets are on sale via the event website. The piece references last year’s debut which drew over 630 attendees from 315 companies across 31 countries.

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OMRJul 20, 2022

Applike: Das halbe Gaming-App-Unicorn von Bertelsmann aus Hamburg, das kaum jemand kennt

The OMR Podcast episode with Applike founder Jonas Thiemann profiles the Applike Group — a Hamburg‑founded mobile app and games ecosystem that now comprises four companies (Justdice, Adjoe, Sunday, Justtrack). Thiemann describes the group's growth to about 140 employees, revenue in the low triple‑digit millions of euros, double‑digit profitability, and a reported valuation of €500 million after Bertelsmann invested €100 million to fund global expansion. The group aims to scale revenue to €200 million within the year. Business lines include a loyalty/discovery app (Justdice), an in‑app adtech solution (Adjoe), an in‑house hyper‑casual games studio (Sunday) whose title Cat Escape has reached over 100 million users, and a newer mobile user‑acquisition platform (Justtrack). The company generates most revenue from gaming, with a large share coming from the U.S.

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OnlineMarketing.deFeb 5, 2021

AppLike's Jonas Thiemann: Rewarded Ads Underestimated

Jonas Thiemann, Co-Founder & Co-CEO of AppLike, argues in an in-depth interview that Rewarded Ads are an undervalued mobile marketing format. The discussion covers how incentivizing ad views can improve performance and conversions, especially when aligned with the app's user flow. Data from AppLike and its ad network adjoe indicate Rewarded Ads offer broad reach, with about 75% of Mobile Games traffic generated through this format. The market was estimated in 2020 at between $5 billion and $10 billion, with growth into formats like Rewarded Survey and Playtime. Common rewards include in-app currency, level-ups, and vouchers. Practical guidance emphasizes short, contextually relevant placements, with Rewarded Video ads ideally lasting 10–30 seconds and rarely exceeding 30 seconds. Ad networks such as adjoe, AppLovin, and IronSource distribute Rewarded Ads, while Google and Facebook already offer them. A Playtime example reportedly reduced CPA by around 40% in the US and Germany.

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adjoe: Frequently Asked Questions

What is adjoe?

adjoe is a German mobile adtech company that provides rewarded advertising technology for app monetisation and mobile user acquisition.

Who uses adjoe?

Its direct customers are mobile app publishers, game developers, and performance marketing teams seeking monetisation or user acquisition outcomes.

How does adjoe make money?

It earns revenue from performance-based mobile advertising, taking a margin or marketplace take-rate on advertiser spend tied to installs and in-app events.

Company Facts

Founded
2018
Headquarters
An der Alster 42, 20099 Hamburg
Core Segment
AdTech Vendor
Company Size
201–500
Official Link
adjoe.io