TikTok Earned $205 Million More Than Facebook, Twitter, Snap And Instagram Combined On In-App Purchases In 2023

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TikTok Earned $205 Million More Than Facebook, Twitter, Snap, And Instagram Combined On In-App Purchases In 2023

a paid verification program via his Instagram account. Users will pay $12/month via web payments or $15/month if they subscribe in-app to get a “Meta Verified” badge on their accounts, along with some safety improvements and additional visibility or reach on the platform. The company took in $56 million in 2022 in in-app purchases, according to Apptopia: down from highs in previous years, but showing improvement, especially on Instagram.

Snap has been on this journey longer, and is making much more. Daily revenue from Snapchat is hitting about $125,000/day, and growing steadily in 2023.In Q4 of 2022, TikTok generated over $350 million in in-app revenue. In 2020, the same quarter hit just $150 million. Both numbers pale before its full-year revenue from last year.

 

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And they can't even find a suitable and direct method to pay content creators.

Was TikTok banned in the US

Dangerous monster

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