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TikTok Experiences Massive Year, Brings In $50 Million During 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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