Tag Archives: TikTok

TikTok reaches $6B in annual consumer spending including its Chinese counterpart Douyin. In 2024, it became the first non-game app to reach $6 billion in in-app purchase revenue in a year. In a new report from app intelligence provider Sensor Tower, TikTok also generated a record high of $1.9 billion in gross in-app purchase (IAP) revenue in the fourth quarter of last …