TikTok Reported Rp20.47 Trillion in Revenue in Q1 2022

Technology & Telecommunications

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Monavia Ayu Rizaty 21/06/2022 11:40 WIB

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According to Business of Apps data, TikTok's revenue was reportedly US$1.38 billion, or approximately Rp20.47 trillion, in Q1 2022.

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TikTok Reported Rp20.47 Trillion in Revenue in Q1 2022

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TikTok App Revenue (Q1 2020-2022)

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TikTok's revenue reached US$1.38 billion, or approximately Rp20.47 trillion, in the first quarter of 2022, according to data from Business of Apps. This figure is down 12.4% compared to the previous quarter's US$1.58 billion.

However, compared to the same quarter of the previous year, TikTok's revenue increased by 69.9%.

TikTok's global user base reached 1.4 billion people in the first quarter of 2022, a 15.3% increase from the previous quarter's 1.2 million users.

TikTok was named the fastest-growing brand in the world in 2021-2022. With its easily digestible and entertaining content offerings, TikTok's popularity continues to spread globally.

Furthermore, TikTok is also the most downloaded app on both the Google Play Store and the App Store.

Editor : Annissa Mutia

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."