Getjar, one of the first app stores years before the advent of iOS and Android, is in the process of getting acquired by a Chinese company for $50 million, Gigaom reports. Sungy Mobile Limited, which is behind Go for Android, a launcher for Android smartphones, which is also thought to be the inspiration for Facebook Home.
Getjar started off as a repository of Java, Symbian and BlackBerry apps at a time when app stores did not exist and users had to scour the web for relevant apps. It was initially a place where one could also get cracked versions of paid apps. The company pivoted itself to become a legitimate source for smartphone apps but became irrelevant after the advent of iOS and Android along with their respective app stores.
The company pivoted itself once again by becoming an app recommendation engine. It recognized the app discovery problem early and became a tool for developers to make their apps visible to users. Getjar also offered users a virtual currency for trying new apps, which could be redeemed against in-app purchases.