Author: dumbcapital

TikTok’s revenue said to skyrocket over 300% in Q4

According to newly released third-party data, TikTok has reason to dance. The famous short-video application saw its in-app purchase revenue rise 310% on a year-over-year basis, according to Apptopia, a startup that tracks mobile app revenue and usage. (The Boston-based startup has raised $8.2 million to date and competes with AppAnnie.) TikTok’s revenue gains are impressive…

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California only state with lowered home-price risks, by this math

California was the only state to get its risk grade lowered in a Wall Street credit-quality watcher’s latest scoring of U.S. housing markets. After looking at 2019’s third quarter stats, Fitch Ratings found the state’s housing prices, up 4.1% in a year, as “sustainable” — that’s the mid-range score between “overvalued” and “undervalued.” Fitch tracks…

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