TikTok, known as Douyin in China, announced a new record for its daily active users (DAUs). Its DAU has exceeded 400 million in January 2020, an increase of 60% YoY. Its contents go beyond entertainment; 14.89 million education videos were created in 2019. The top creators are located in Shanghai, Beijing, and the three northeastern provinces.
In-app revenue at TikTok during Q4 2019 surged 310% to more than $50 million according to Apptopia. Tiktok's total market revenue in the Apple App Store and Google play store is around $67 million (net $62 million) in Q4, which does not include China's domestic market according to SensorTower.
460 thousand families used TikTok in 2019 to take family photos, which received a total number of 2.79 billion views and 100 million likes. Paren...
Already subscribed? Sign in.
Don't Miss Out.
Invest with as little as one bottle of water per week.
Join other top analysts and business executives and navigate the unique market with China Internet Watch.
Cancel at any time