In the livestreaming market, Twitch accounts for 67% of watched hours and 90% of the content streamed.The company has 1,800 employees around the world.Amazon bought Twitch for the tidy sum of $970 million.In 2020, this amount was doubled as Twitch earned $750 million in advertising revenue only. One year later, it surpassed itself and brought back home $310 million. In 2018, Twitch made $230 million out of advertising only. In 2019, Twitch made $1.5 billion whereas it could not even reach the billion the year before, when the company made $0.9 billion.Its in-app purchase revenue for Q2 2021 (and only IAP) amounts to $96.8 million.In 2020, Twitch generated a revenue of $2.3 billion through in-app purchases and subscriptions. Between Bits, raids, ads, and subscriptions, the platform has a lot to offer while its business model keeps evolving. With such success, everyone is a bit curious about topics focused on revenues, profits, numbers generated by ads and Twitch programs. It makes you want to come back to relax and chill with your peers. And because you can stream almost everything and anything, cordial and intimate stuff like watching a series, listening to music, sharing memories are possible, and have that evening-with-the-homies vibe. Not only can you interact with your favorite streamers, but you are bound to make friends in the chat, too as all the people present share a common interest. The secret behind those numbers might also be the sense of community to its users. It is a bustling virtual town that will always have something to watch.
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