WhatsApp, Facebook, Messenger, and Instagram are still among the 5 most downloaded apps, but this time the TikTok app jumped from fourth place in 2018 to second place in 2019 due to its popularity in markets like India, the United States, and Brazil.
Chinese internet giant Tencent attributed its rising revenue to rapid growth in the use of its WeChat messenger service. The continued strength of its online games branch added to the surging quarter as well.
Priced high to begin with, Line shares shot up even further in value in its first day of trading. The chat app’s emojis have made it a hit in Asia, and investors seem confident that it’s success will spread.
