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
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
Apps

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
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
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