The numbers are published, users have spent 10 billion dollars on TikTok

Ten billion dollars! This is the amount that users worldwide have spent on TikTok, making it the first non-game app to achieve this level of revenue. It is expected to become the highest earning app very soon.

A recent report by “data.ai” lists four game applications that have reached these revenue figures: Candy Crush Saga, Honor of Kings by Tencent, Monster Strike and Supercell’s Clash of Clans.

“TikTok is nearing the milestone of becoming the highest-grossing app ever. They are predicted to reach $15 billion in 2024. Users of this app spend $11 million a day,” said Lexi Sydow, head of data.ai, as she introduced the latest report.

TikTok’s revenue comes from users buying gifts for influencers on the social network, which then keeps 50% of that amount, while the rest goes to users. But that’s not all, as income is also generated from advertising. The report notes that the other two non-gaming apps, Tinder and YouTube, have reached between $2 billion and $3 billion as 2023 closes.

Although it has reached such figures, TikTok has been closed in several countries, as suspicions have been raised of data theft, but also of user addiction, which then bring damage to mental health, but these claims have been denied by the company in owned by “ByteDance” in China.