Sensor Tower: Tencent earned $4.4B revenue from its apps in H1 2022, the highest globally; ByteDance was second with $1.3B, demonstrating China’s market power (Ben Jiang/South China Morning Post)

Ben Jiang / South China Morning Post:
Sensor Tower: Tencent earned $4.4B revenue from its apps in H1 2022, the highest globally; ByteDance was second with $1.3B, demonstrating China’s market power  —  Tencent Holdings and ByteDance were the world’s top-ranked companies by app revenue in the first half of 2022, according to a new report …

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Sensor Tower: Lensa tops the US App Store charts with 3.6M installs in December; app saw 12.6M global installs in Dec. so far, up 600% from last 11 days of Nov. (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch:
Sensor Tower: Lensa tops the US App Store charts with 3.6M installs in December; app saw 12.6M global installs in Dec. so far, up 600% from last 11 days of Nov.  —  Lensa AI’s popularity has had a notable impact on the App Store’s Top Charts.  The popular photo and video editing app recently went viral …

Sensor Tower: Apple’s App Store net revenue fell by around 5% in September, the steepest drop since 2015, as gaming revenue declined by 14% (Kif Leswing/CNBC)

Kif Leswing / CNBC:
Sensor Tower: Apple’s App Store net revenue fell by around 5% in September, the steepest drop since 2015, as gaming revenue declined by 14%  —  – Apple’s App Store revenue declined about 5% in September, according to Morgan Stanley, the steepest drop since the bank started modeling the data in 2015.

Web novel apps backed by ByteDance and Tencent are running hundreds of Facebook and Instagram ads showing sexual assault, violent erotica, and acts of self-harm (Emily Baker-White/Forbes)

Emily Baker-White / Forbes:
Web novel apps backed by ByteDance and Tencent are running hundreds of Facebook and Instagram ads showing sexual assault, violent erotica, and acts of self-harm  —  Some of the ads include descriptions of sexual violence, paired with images of battered women and photos of male fitness influencers, which were used without permission.

Sensor Tower: BeReal has passed 53M installs, its MAUs are up 2,254% since January, and ~9% of its active installs on Android opened the app every day in Q3 (Sarah Perez/TechCrunch)

Sarah Perez / TechCrunch:
Sensor Tower: BeReal has passed 53M installs, its MAUs are up 2,254% since January, and ~9% of its active installs on Android opened the app every day in Q3  —  Gen Z social media app BeReal encourages its users to take a photo every day — a format designed to create a daily habit.

Tencent is no longer China’s most valuable company after its shares dropped 64% since Jan. 2021, wiping $623B in market value, more than any other firm globally (Jeanny Yu/Bloomberg)

Jeanny Yu / Bloomberg:
Tencent is no longer China’s most valuable company after its shares dropped 64% since Jan. 2021, wiping $623B in market value, more than any other firm globally  —  Tencent Holdings Ltd. has lost its title as China’s biggest company to liquor giant Kweichow Moutai Co., the latest sign …