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Caixin Global
Caixin Global
Business
Guan Cong and Han Wei

TikTok the First Non-Game App to Hit $10 Billion User Spending Milestone

What’s new: Video-sharing platform TikTok has generated $10 billion in users’ spending, becoming the first non-gaming app to hit the milestone, according to market data provider data.ai.

The seven-year-old infotech brand is on track to see its revenue reach $14.6 billion in 2024, making it the highest earning mobile app ever, said a report by data.ai released Monday.

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