TikTok becomes 1st non-game app to reach $10B
Japanese Smart HR passed $100M ARR.....
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Trending
1. TikTok becomes the 1st non-game app to reach $10 billion
TikTok has achieved $10 billion in consumer spending across the Apple App Store and Google Play, making it the first non-game app to reach this milestone.
Most of TikTok's consumer spending comes from in-app purchases of "coins," with the most popular purchase being a bundle of 1,321 coins for $19.99.
U.S. consumers and iOS users in China accounted for around 30% of TikTok's revenue each, with other markets contributing 13% of the in-app purchase revenue.
Why it matters: TikTok's achievement highlights its unique position as a non-game app generating significant consumer spending, positioning it as one of the highest-earning mobile apps ever.
100M ARR Club
2. Japanese Smart HR passed $100M ARR
SmartHR provides cloud-based HR and labor services to enhance company efficiency and management.
It is one of Japan's fastest-growing SaaS startups with $100M+ ARR, backed by Sequoia Capital Global Equities and Light Street Capital.
HR is a huge market, while Deel just reached a milestone of $400M ARR days before.
3. SecurityScorecard at $100M ARR
SecurityScorecard provides security ratings and assessments.
Their platform helps businesses monitor their digital security and provides information on potential vulnerabilities and risks.
SecurityScorecard's services can help businesses maintain security in the digital realm and improve their overall cybersecurity posture.
4. Rewind at $1M ARR
Rewind is a personalized AI powered by everything you've seen, said, or heard.
What impresses me is that it’s growing ARR 52% m/m.
Bootstrapping
5. Stripo at $4.8M ARR
Stripo is an intuitive and simple yet flexible email template creator.
$400k MRR, 1M users, 1.8M emails created.
Growth with SEO around 65% of customers are Fortune 100.
6. TweetAI at $1M ARR
TweetAI is a Tweet generator powered by AI.
It took 10 months to reach $1M ARR.
Very little marketing and 100% bootstrapped.
7. Pally ~$1M ARR
Pally is a Social media management platform for growing brands and agencies.
It has now generated $74k MRR.
It was created as an Instagram scheduling tool by a solo founder.