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TikTok in-app purchases soar in Q4

|About: ByteDance (BDNCE)|By: , SA News Editor

ByteDance's (BDNCE) TikTok saw its in-app purchase revenue increased 310% Y/Y in Q4, according to new Apptopia data.

In-app revenue topped $50M in the period, up from the roughly $20M total in Q3.

SensorTower sees an even rosier performance for TikTok. The firm's data shows a 521% Y/Y growth for in-app purchases in Q4, which totals $87M or $62M net.

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