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.
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