Meta Platforms, the operator of Facebook, Instagram, WhatsApp and Threads, was responsible for 60 percent of all social app revenues in 2024. The company made $160 billion from advertising revenues in 2024, with $91.3 billion from Facebook and an estimated $66.9 billion from Instagram. That makes them the two largest social apps by far in revenue terms, although YouTube is beginning to grow its business to be competitive with at least Instagram. In 2024, YouTube generated $36.1 billion from advertising and a further $14.5 billion from subscriptions, according to data presented in the Social App Report. Social Revenues by App 2010 to 2024 ($mm) TikTok was, for the second year in a row, the fastest growing social platform in the world. Its revenues grew by
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