TikTok did not only set records when it came to revenues this year and recently marked the milestone of 3 billion installs.
This makes TikTok the fifth non-gaming app on the App Store and Good ePlay to accrue over 3 billion installs, following WhatsApp, Messenger, Facebook and Instagram.
For the first half of 2021, the ByteDance owned popular short-form video app generated an estimated $919 million in consumer spending, up 73% from $530 million the previous year.