Defeating YouTube, TikTok Will Become the Highest-Earning App in History

"Beat YouTube, TikTok Will Become the Highest-Earning App in History"

"Dream - TikTok has become the first non-game mobile application to generate US$10 billion from global consumer spending. Even this platform is expected to become the highest-grossing app ever. Quoting CNN, app intelligence provider data.ai reported that four other apps that reached this milestone are games. Among them are Candy Crush Saga from Activision Blizzard, Honor of Kings from Tencent, Monster Strike from Mixi, and Clash of Clans from Supercell."

The translation of "Bakal Saingi Candy Crush" to English is "Will Compete with Candy Crush".

"Candy Crush is the highest-grossing game of all time with over US$12 billion in lifetime user spending."

The revenue from Candy Crush is based on the income generated from Google Play and Apple's iOS App Store. However, this record is expected to be broken as TikTok is estimated to generate higher earnings than that popular game.

Defeating YouTube, TikTok Will Become the Highest-Earning App in History

"TikTok is set to become the highest-grossing mobile application ever - approaching $15 billion by 2024,"

said Lexi Sydow, head of insights at data.ai.

"Lexy said that TikTok users spend over US$11 million per day to tip their favorite content creators. This encourages TikTok to surpass the achievements of platforms in the form of games."

"TikTokers are ready to spend 40 hours of work each month on this app by the end of 2024, (which is an increase of) 22% from 2023,"

The translation of "tambahnya" to English is "the addition."

Purchase of \

According to data.ai, the most popular in-app purchase on TikTok this year is the 1,321 coin package priced at US$19.99, which is said to account for about a quarter of in-app revenue. In addition to in-app shopping, this highly popular short video app also has other revenue sources such as advertising and e-commerce.

The translation of "Pendapatan TikTok Kalahkan YouTube" to English is "TikTok Revenue Beats YouTube".

The data provider also stated that the dating app Tinder and the video platform YouTube are the next closest apps to reach US$10 billion, but they are trailing TikTok by a margin of US$2 to US$3 billion in 2023.

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