YouTube generated $65 million in user spending in the first month of 2020

Anne Freier | February 19, 2020

App Business

YouTube was the top-grossing app in the video and photo category in January 2020, according to new data from SensorTower.

The popular video platform generated $65.5 million in user spending – that’s an 85% growth from last year.

The top countries contributing to the platform’s growth were the US (58% of all revenues), Japan (8% of revenue total) and the UK at 4% of total revenues.

TikTok ranked second with estimated revenues at $28.6 million which is a whopping 4x as much as the popular short-form video app earned in January 2019.

Among the main contributors for its success where Chines users (85% of its revenues) and the US (10% of revenues).

Other popular video and imaging apps included Twitch, Kuaishou and PicsArt.

Perhaps surprisingly, Instagram did not rank in the top 10.

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