Wednesday, May 10, 2023

Chinese Apps Continue to Dominate US Markets Despite Privacy Issues

The rise of TikTok marked the very first time in history that a Chinese social media app was able to achieve global renown. The short form video streaming app changed the fact of the social media industry because of the fact that this is the sort of thing that could potentially end up placing more emphasis on algorithmically driven bite sized content.

Privacy issues have recently started to mar the rise of Chinese apps, but in spite of the fact that this is the case, they continue to see a rise in their overall levels of popularity. With all of that having been said and now out of the way, it is important to note that four out of the top five most downloaded apps of the year so far came from Chinese companies, which lends credence to the notion that American consumers are quite unperturbed by any potential privacy violations that might occur.

The apps in question include TikTok of course, but there are three others that are currently enjoying surprisingly high levels of popularity. These include CapCut, which is also owned by TikTok’s parent company Bytedance, and it serves as a dedicated video editor that TikTok users can edit their content with.

Coming in second is Shein, with the fast fashion ecommerce platform giving Amazon a run for its money as well by offering extremely affordable clothing that can be provided at a fast turnaround time. Temu is yet another ecommerce app that has been making a lot of headway in the American consumer market, and it is providing even more competition for US apps like Amazon and eBay.

One thing that bears mentioning is that just one Chinese app entered the top five rankings in 2021, but this increased to three in 2022 and now four in 2023. Privacy issues might lead to TikTok getting banned, but Chinese apps have clearly managed to capture a huge market in the US and it does not seem like their dominance will go away anytime soon. If anything, Chinese apps will only become more popular by the time 2024 rolls around.


H/T: Apptopia

Read next: The World’s Most Downloaded Apps For April 2023 Revealed
by Zia Muhammad via Digital Information World

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