Metatron, a mobile and web technology pioneer having developed over 2,000 apps on iTunes and Google Play, is pleased to announce plans to acquire via stock swap Mountain Green Inc., an e-commerce company which generated over four million in sales over the last twelve months. Mountain Green brings to the table its thousands of customers and multiple digital properties along with its marketing savvy. The acquisition of Mountain Green is subject to management approval and is expected to close in third quarter 2021.
The two companies plan to conduct a shared roll out of multiple websites and apps geared towards gaming, entertainment, and lifestyle categories. Mountain Green currently sells electronic devices, nutritional supplements and digital content under various popular brand names on the web, Amazon and most social media platforms.
The global ecommerce market is expected to total $4.89 trillion in 2021.Today, that number is expected to reach 19.5% in 2021, a 45.8% increase in ecommerce market share over two years. Growth is expected to continue, reaching 21.8% by 2024, which translates to an 8.2 percentage point increase in just five years.
Metatron also plans on updating its Bit-Meet D-Fi App that allows for peer-to-peer crypto transfers, pending review of current regulatory environment. Other crypto projects include an update of Vaporize, a secure chat DApp that will run on a decentralized network (of peers) via peer-to-peer (p2p) protocols. Both apps have appeared on iTunes and Google App stores in the past, and moving forward they will be released exclusively on the web.
“The DApps Market size was valued at USD 10.52 Billion in 2019 and is anticipated to reach USD 368.25 Billion by 2027 at a CAGR of 56.1%. The rising demand for fast transaction process and the benefits of DApps such as transparency, reliability, flexibility, and scalability are stimulating the global DApps Market”-Emergenresearch