SCMP - June 30 - Chinese apps, led by TikTok, made up five of the world's top-10 earners of app store revenue in 1H of 2021. Consumers are estimated to have spent ~$920M on TikTok and Douyin over the six-month period. Tencent Video and iQiyi came in fourth and fifth among the top app store revenue earners. For overall revenue, they were sixth and eighth, respectively. Youku and QQ Music were among the top 10 app store revenue earners at eighth and 10th place, respectively.
by Tracy Qu
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