The latest data released by SensorTower shows that TikTok, a subsidiary of ByteDance, had a global revenue of $176.9 million last year, accounting for 71% of its historical total revenue of $247.6 million, more than five times the revenue of 2018.SensorTower said that TikTok's revenue reached $88.5 million in the fourth quarter of 2019 alone.Chinese iOS users spent US $122.9 million on TikTok, accounting for 69% of TikTok's total revenue last year.(Phoenix Technology)
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