Breaking News

Outperforming Youtube, Tiktok Is The Highest Revenue App In The World Today


With an estimated revenue of $ 78 million in April, TikTok surpassed YouTube to become the highest-grossing app in the world.

According to the statistics of mobile app analysis firm Sensor Tower, TikTok has surpassed YouTube to become the highest-grossing app in the world (excluding games) when it brought in $ 78 million in April, 2020.

In particular, 86.6% of TikTok's revenue comes from the Chinese market, with the Chinese version called Douyin, and 8.2% of the revenue coming from the US market.

Coming in at number 2 is YouTube with $ 76 million in revenue, which is the exact opposite of TikTok, with 56.4% coming from the US and no revenue from China. The reason is because China has long blocked all Google applications like YouTube, Google Search, Gmail.

The list of the best money-making apps in the world also includes Tinder, Disney + and Tencent Video.

TikTok's huge sales in April helped parent company ByteDance be valued at $ 100 billion. This is one of the most valuable startups in the world. The success of TikTok also shows the incredible development speed of platforms from China such as Sina Weibo, Tiktok, WeChat.

Market analysts say that TikTok will be even more successful without the sanctions imposed by the US government.

No comments