Apple antitrust issues come to Congress, subscription apps growth, Tencent takes on TikTok – TechCrunch
Welcome again to ThisWeek in Apps, the Extra Crunch sequence that recaps the newest OS information, the functions they help and the cash that flows by means of all of it.
The app trade is as scorching as ever with a file 204 billion downloads in 2019 and $120 billion in shopper spending in 2019, in accordance to App Annie’s lately launched “State of Mobile” annual report. People are actually spending three hours and 40 minutes per day utilizing apps, rivaling TV. Apps aren’t only a method to go idle hours — they’re an enormous enterprise. In 2019, mobile-first corporations had a mixed $544 billion valuation, 6.5x larger than these with out a cellular focus.
In this Extra Crunch sequence, we allow you to sustain with the newest information from the world of apps, delivered on a weekly foundation.
This week, there was a ton of app information. We’re digging into the newest with Apple’s antitrust issues, Tencent’s plan to leverage WeChat to fend off the TikTok menace, AppsFlyer’s huge new spherical, the booming subscription economic system, Disney’s cellular recreation studio sale, Pokémon GO’s enhance to tourism, Match Group’s newest funding and far more. And did you see the app that allows you to use your telephone from inside a paper envelope? Or the brand new AR social community? It’s Weird App Week, apparently.