TikTok, owned by ByteDance, has surpassed 2 billion downloads on App Store and Google Play, reaching this milestone just five months after 1.5 billion.
In Q1 2020, it achieved a record 315 million installs during the COVID-19 pandemic.
India is the top contributor with 611 million lifetime downloads (30.3%), followed by China (196.6 million, 9.7%) and the US (165 million, 8.2%).
Google Play accounts for 75.5% of downloads.
User spending reached $456.7 million, with China contributing 72.3% and the US 19%.
The App Store generated $435.3 million in revenue.
TikTok's growth positions it strongly against competitors.
TikTok had its best month in February 2020 with nearly 113 million downloads, 96% Y/Y growth. India led with 46.6M installs, followed by Brazil and US. Revenue hit $50.4M, up 784% Y/Y, mostly from China.
In 2019, users spent $83.5 billion globally on apps and mobile games, up 17% from 2018. App Store revenue hit $54.2 billion, while Google Play reached $29.3 billion. Games accounted for 74% of spending. First-time installs totaled 114.9 billion, with Google Play leading growth.
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