Even as TikTok downloads have slowed from 2020, the app continues to see revenue growth and remains the highest-earning app in the world. Photo: AP
Chinese apps TikTok, Tencent Video, iQiyi among world’s top-earning apps in first half of 2021
- TikTok is the highest-earning app for the year through June 23, making US$920 million for the period, but downloads have tumbled 38 per cent
- Streaming video sites and video games have been the biggest beneficiaries of the Covid-19 pandemic, but spending and downloads growth is starting to slow
Even as TikTok downloads have slowed from 2020, the app continues to see revenue growth and remains the highest-earning app in the world. Photo: AP