TikTok Smashes The Competition with $50 Million Profits Last Quarter
The TikTok takeover continues as the wildly popular app reportedly generated $50 million during the last quarter of the year.
The app experienced an insane amount of growth and success in 2019. During the last quarter alone, TikTok brought in $50 million in revenue, compared to $20 million the quarter before. That’s a huge increase year over year, as the same quarter in 2018 brought in just over $10 million.
The Chinese social media platform has taken the world by storm — and in just two years has become one of the most-downloaded apps of the decade.
See the top 10 below.
Most Downloaded Apps in 2010s
Facebook
Facebook Messenger
WhatsApp
Instagram
Snapchat
Skype
TikTok
UC Browser
YouTube
Twitter
Source: Somag News
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