TikTo's Newest Achievement

Ariel Ariel
8/20/21

This is a single insight from This Week in Apps #75 - A Bunch of Firsts!. Check out the full article for more insights.


Social media is slowly becoming all about creator monetization. We can see that when looking at Twitch's and TikTok's revenue, new tools being tested by Twitter, and the chatter around what's the future of Clubhouse.

Speaking of TikTok, its revenue hit a new milestone last month!

Monthly revenue in the Chinese App Store hit a new all-time high with $26M of net revenue, according to our estimates. TikTok's in-app revenue comes from coins, which are an in-app currency to reward creators. In essence, it's how much money creators are making on the platform.

According to our app intelligence, TikTok ended 2019 with $53 of net revenue from China's App Store, which jumped to $211M in 2020, and we estimate TikTok's China revenue will grow even more this year, to more than $275M.

App Intelligence for Everyone!

The insights in this report come right out of our App Intelligence platform, which offers access to download and revenue estimates, installed SDKs, and more! Learn more about the tools or schedule a demo with our team to get started.

Are you a Journalist? You can get access to our app and market intelligence for free through the Appfigures for Journalists program. Contact us for more details.

All figures included in this report are estimated. Unless specified otherwise, estimated revenue is always net, meaning it's the amount the developer earned after Apple and Google took their fee.


Related Resources

Another Overnight Sensation Comes and Goes - The Numbers Behind MD Vinyl
Insights
Another Overnight Sensation Comes and Goes - The Numbers Behind MD Vinyl

A new(ish) app jumped to the top of the App Store last week and in a true "overnight success" fashion, dropped far and...

The App That Won the Mega Millions Lottery
Insights
The App That Won the Mega Millions Lottery

The Mega Millions lottery had its biggest jackpot, a whopping 1.3 billion. I'm not a lottery player, so I didn't care ...