TIKTOK DOES MORE BUSINESS THAN ANY OTHER APP, AND IT’S JUST GETTING STARTED
What was once written off as a silly lip-syncing app just did over $1 Billion of in-app purchases in a single quarter, which put it at the top of the app stores worldwide, and they haven’t even started selling stuff.
But first, what exactly are in-app purchases? Turns out that it’s almost entirely something called TikTok Coins.
We’re not talking about purchases that people make when they click on a Zara ad and then buy on Zara.com. Instead, the Billion dollars we’re talking about changing hands for…
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