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> Out of the 500 most downloaded apps so far in 2023, only 10 are from Chinese companies. However, four of them are in the top five. These apps are almost house
by ryzvonusef 4y ago
> Out of the 500 most downloaded apps so far in 2023, only 10 are from Chinese companies. However, four of them are in the top five. These apps are almost household names at this point; Temu, TikTok, CapCut and Shein.
> In 2021 there were four Chinese apps in the top 50 most downloaded apps in the United States, with only one in the top five. In 2022 there were three apps in the top 50, also with only one in the top five. It was the same app in both years, with TikTok as the #1 app.
> This is pretty amazing that in a country where Apple, Google, and Meta reign, only one has one of the five most downloaded apps in the country so far this year. Meta’s Instagram is #4.
> In terms of generating in-app purchase revenue, out of the top 500 grossing apps in the U.S. this year, 36 are owned by Chinese companies. With the exception of TikTok, every one of them is a mobile game.
> On the other foot, 19 out of the 500 most downloaded apps in China this year are from American companies. This is based only on iOS data as Google Play does not legally operate in China.
- metalliqaz 4y agoof those, I have only heard of TikTok
- ryzvonusef 4y agoMe too, but from the article > CapCut is a video editing app, largely used by TikTok creators and also owned by TikTok’s parent company, Bytedance. Shein is a fast fashion giant that has been expanding its inventory to include everything in order to compete with Amazon. While founded in China, it did move headquarters to Singapore because of East/West business complexities. Temu, owned by China’s Pinduoduo, is a recently popular ecommerce app in the U.S. that sells just about everything for rock bottom prices. I guess HN commenters are not the target demographic