Mozilla VPN revenue up 450 percent in one year

Spread the love

Mozilla’s VPN service revenue grew 450 percent from 2020 to 2021. In total, the company had a turnover of 466 million dollars in 2020, about the same as in 2019. In 2021, Mozilla expects to have a turnover of more than 500 million dollars.

Mozilla explains the success of the VPN subscription service by launching the service in nine new markets in 2021. It is not known exactly how much revenue Mozilla has obtained from the VPN service. However, the ‘new services’ guarantee 14 percent of the company’s total turnover; in addition to Mozilla VPN, this also includes Firefox Relay Premium and Pocket. 86 percent of Mozilla’s 2020 revenue will come from its search engine deal with Google, the company says. This is about $400 million. By “renewing core products, reviving the ad-tech ecosystem and releasing new products,” Mozilla expects to reach sales of more than half a billion dollars by 2021.

Mozilla has recently had to lay off many employees, saying it has taken longer than expected to develop its paid services, which Mozilla says is partly the result of the corona crisis. Those services were precisely intended to increase Mozilla’s revenue. In total, more than a quarter of Mozilla’s employees have been fired.

You might also like