Despite customers’ 5% decrease in spending on mobile applications during the third quarter, TechCrunch claimed that it achieved a new record during the third quarter of this year 2022 by continuing to dominate applications in terms of revenue for the fourth consecutive quarter.
For the fourth consecutive quarter, Tik Tok has the greatest revenue per user in the entire world for a single quarter of the year.
This data was obtained by TechCrunch from the Sensor Tower website, which deals with application statistics. The report merged TikTok’s revenue with that of its Douyin Chinese equivalent.
With its international and Chinese applications, Tik Tok came in first place among non-game apps in the Apple App Store and second place among those in the Google Play Store in terms of income generation, bringing in over $914.
4 million in third-quarter consumer spending.
According to Sensor Tower, $433. 5 million in consumer spending, or 47% of total income, was generated by Douyin alone.
According to the study, TikTok has so far made $6. 3 billion from both Chinese and international apps.
In-app consumer spending on paid downloads, subscriptions, and sales dipped 4% year over year to $31. 6 billion in the third quarter, while downloads dropped 1% to 35.
3.0 billion.
More than twice as much consumer spending went to the Apple App Store as to Google’s App Store in 2016. Additionally, the third quarter revenue from the Apple App Store was $21. 2 billion, a 2.3% decrease from the $21. 7 billion collected in the same quarter last year. The Google Play Store had a more drastic reduction, with sales falling by 9. 6% annually, compared to 11.5% during the same period last year and 10% in the third quarter of this year.
A total of $4 billion.
Consumer spending on video games decreased by 12.7% year over year to $19.3 billion, while spending on Apple Store apps down by 9.8% year over year to $11.9 billion, and revenue from the Google Play Store decreased by 16.9% to $7.4 billion.
Tik Tok generated $914 billion in revenue in the third quarter.
About Author
