Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,157,074 members, 7,832,624 topics. Date: Sunday, 19 May 2024 at 06:17 AM

Tiktok’s Revenue Rises To $10bn In App Stores – Report - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Tiktok’s Revenue Rises To $10bn In App Stores – Report (93 Views)

$10bn Debt: CBN Defaults On Payment To Banks, Dollar Nears ₦‎1,000 / Dangote: My Refinery Can Save Nigeria $10bn In FX, Generate Another $10bn In Exp / MTN Nigeria Revenue Rises To N100 Billion Monthly In 2020 (2) (3) (4)

(1) (Reply)

Tiktok’s Revenue Rises To $10bn In App Stores – Report by Newsfrica: 3:52pm On Dec 13, 2023
TikTok, the popular short video platform by Bytedance, has had its revenue earnings rise to the $10 billion milestone in consumer spending, marking an unprecedented achievement for a non-game application.

Revealed in a report by app intelligence provider data.ai, the platform’s success highlights its dominance in the market and paves the way for potential future growth.

“This accomplishment cements TikTok’s place among the top-grossing mobile apps globally,” remarked Lexi Sydow, Head of Insights at data.ai. “Consumers are significantly contributing to the platform’s revenue, especially through the purchase of in-app ‘coins’ used for gifting creators.”

(1) (Reply)

Why On Earth Would You Be Broke When You Have A Smartphone? �‍♂️ / Launch Your Data Reselling Business In Nigeria – Zero Capital Needed! / What Cheap Items Can One Import From China And Sell Here

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 5
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.