Tiktok User Spending in June 2020 Grow by More Than 7 TIMES Despite Indian Ban !

[Daniel808]

TikTok user spending in June grow by more than 7 times year on year
2020-07-08 11:58:07 GMT+8 | cnTechPost

TikTok saw more than $90.7 million in user spending, 8.3 times its revenue in June 2019, to rank as the top grossing non-game app worldwide for June 2020, Sensor Tower data showed.

Approximately 89 percent of TikTok's revenue was from Douyin in China, followed by 6 percent from the United States.


Sensor Tower's data also showed that YouTube was the second highest earning non-game app worldwide for June 2020 with close to $73 million in gross revenue, which represented 48 percent year-over-year growth from June 2019.

About 56 percent of YouTube's revenue was from the U.S., followed by 12 percent from Japan. The next top grossing app was Tinder, followed by Tencent Video and iQIYI.

https://cntechpost.com/2020/07/08/t...-june-grow-by-more-than-7-times-year-on-year/

 

[Daniel808]

Tiktok App Revenue mostly come from China (89 Percent) followed by 6 percent from the United States.

That's total about 95 Percent of Total Revenue

Indian market is irrelevant for Chinese App Revenue

 

[Leishangthem]

India wasn't even 2% of bytedance's revenue, probably not even 1% ,so it's not surprising.
Globally,Tiktok needs to aim for east asian nation like korea,japan;especially japan which have the highest app splurging userbase per capita in the world .

 

[WebMaster]

TikTok is here to stay. IMO.

 

[Protest_again]

Tik Tok hadn't monetized its operations in India yet. They have over 100 million active subscribers in India.

Facebook for example has a revenue of over a billion from India.

Facebook targets $1.1 billion in revenue in its largest user market

Obviously Bytedance management is much smarter than dumb masters and their cheerleaders on here.

 

[Daniel808]

India wasn't even 2% of bytedance's revenue, probably not even 1% ,so it's not surprising.
Globally,Tiktok needs to aim for east asian nation like korea,japan;especially japan which have the highest app splurging userbase per capita in the world .

That's funny to see indian members boasting, that China's Economy is DOOMED because of Indian ban.

They don't realize the True Size and Power of China's Economic

TikTok is here to stay. IMO.

Indian thinks too high about himself, don't realize how small they are in Chinese people eyes

 

[Leishangthem]

Tik Tok hadn't monetized its operations in India yet. They have over 100 million active subscribers in India.

Facebook for example has a revenue of over a billion from India.

Facebook targets $1.1 billion in revenue in its largest user market

Obviously Bytedance management is much smarter than dumb masters and their cheerleaders on here.

Tiktok operates in a different manner than Facebook,it can't just spam ads like FB does.
This very article states" user spending" and India is one of the lowest in that term.
And the ban may eventually be lifted because it's illegal based on international trade law.

 

[Figaro]

TikTok user spending in June grow by more than 7 times year on year
2020-07-08 11:58:07 GMT+8 | cnTechPost

TikTok saw more than $90.7 million in user spending, 8.3 times its revenue in June 2019, to rank as the top grossing non-game app worldwide for June 2020, Sensor Tower data showed.

Approximately 89 percent of TikTok's revenue was from Douyin in China, followed by 6 percent from the United States.


Sensor Tower's data also showed that YouTube was the second highest earning non-game app worldwide for June 2020 with close to $73 million in gross revenue, which represented 48 percent year-over-year growth from June 2019.

About 56 percent of YouTube's revenue was from the U.S., followed by 12 percent from Japan. The next top grossing app was Tinder, followed by Tencent Video and iQIYI.

https://cntechpost.com/2020/07/08/t...-june-grow-by-more-than-7-times-year-on-year/

Dude the India ban happened at the end of June ...

 

[Chandrguptaa]

That's funny to see indian members boasting, that China's Economy is DOOMED because of Indian ban.

They don't realize the True Size and Power of China's Economic




Indian thinks too high about himself, don't realize how small they are in Chinese people eyes

Read some decent Finance books, value of a company isn't decided by it's revenue but from Market capitalization & future growth prospects.
Amazon India have a revenue of just 2BN & it's loss making entity here.but it's still more focussed here Instead of EU or US where they earn Billions in profits.
Same goes for Walmart despite loosing 1.5 Billion every year They brought Flipkart at 15BN USD valuations.
Bytedance is valued nearly 100 BN USD but if they loose 30% customers means they are gonna loos3 more than 30% of their Market capitalization which is a very simple term for equity market.
Owners of a company care about Market capitalization not the dividend or revenue, even Global Times which CCP mouthpiece accepted that They directly lost 6BN USD just in one go because of BAN &this value excludes the loss in capital market or Market capitalization.
And for everyone information India banned TikTok in July.

 

[Protest_again]

Tiktok operates in a different manner than Facebook,it can't just spam ads like FB does.
This very article states" user spending" and India is one of the lowest in that term.
And the ban may eventually be lifted because it's illegal based on international trade law.

Oh please I saw ads starting to show up on Tik Tok just before covid. They discontinued later. These ads are like youtube ads. They drop in a video ad while you are scrolling for a new video.

Obviously Bytedance know better about our market as they pledged a billion dollars for expansion in India and have a local data center for Indian data.

Chinese App Ban Hits TikTok Parent Firm ByteDance's $1 Billion India Expansion Plan


Also Tencent, Alibaba, ant financial have better understanding of Indian market than you and all of them are spending a hell a lot in our start up scene.

 

[Daniel808]

Dude the India ban happened at the end of June ...

Yeah, I know. But that's not the point


This is the point..
Tiktok App Revenue mostly come from China (89 Percent) followed by 6 percent from the United States. That's total about 95 Percent of Total Revenue
Indian market is irrelevant for Chinese App Revenue

 

[Figaro]

Yeah, I know. But that's not the point


This is the point..
Tiktok App Revenue mostly come from China (89 Percent) followed by 6 percent from the United States. That's total about 95 Percent of Total Revenue
Indian market is irrelevant for Chinese App Revenue

Yes but Tik Tok still wants an international prescence. The worry is that the US is going to ban Tik Tok ... I don't think Bytedance really cares if Tik Tok gets banned in India tbh.

 

[Daniel808]

Yes but Tik Tok still wants an international prescence. The worry is that the US is going to ban Tik Tok ... I don't think Bytedance really cares if Tik Tok gets banned in India tbh.

That's why Bytedance targeting other bigger emerging markets, while make China's market as their bastion of revenue (Almost 90% of their revenue comes from China's Market)

They already prepare for it, Huawei case is a wake call for other Chinese Companies