User spending on the app grew 800% in the three-month period. In August, about 85% of total app revenue came from Douyin in China, followed by 7.8% from the US. — SCMP
In-app revenue for global short video hit TikTok and its Chinese version Douyin ranked first among non-gaming apps globally in the third quarter, according to new data released by research firm Sensor Tower, indicating strong growth in the face of geopolitical headwinds in the US and India.
User spending on the app grew 800% in the three-month period compared to the same quarter in 2019, beating YouTube and Tinder into second and third place respectively, according to Sensor Tower. This was the second consecutive quarter that TikTok was the top-grossing non-game app.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
