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TikTok becomes highest-grossing app of 2020

Despite India ban and an ongoing legal battle in the US, Chinese short-video making app TikTok has become the highest-grossing app globally in 2020 with $540 million in profit, followed by dating app Tinder that grossed $513 million.

YouTube was third with grossing $478 million, followed by Disney+ at $314 million, according to the data released by app analytics firm Apptopia.

Netflix app was at the 10th spot with grossing $209 million worldwide.

At 850 million, TikTok was also the most downloaded app in 2020.

WhatsApp at 600 million and Facebook at 540 million downloads worldwide.

Instagram, also a Facebook family app, was fourth with 503 million downloads and Zoom came fifth with 477 million downloads in a pandemic-hit year where video calling became paramount for millions.

Facebook Messenger was sixth with 404 million downloads in the top 10 list.

Source: The Tribune

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