Yes, Harry response is pretty much accurate. The thread-caching feature of TCMalloc ends up using slightly more memory and last time somebody benchmarked it wasn't much faster than Android's dlmalloc. I cannot find the bug with the data right now, but it's there somewhere on
crbug.com :=)
Note that the situation is a bit more complicated. There isn't a single allocator in Chrome. There is a default allocator. Some projects have their own allocator which is independent of whether the default one is TCMalloc or the system one. For instance Blink recently switched most of its code paths to use its own partition allocator (see third_party/WebKit/Source/wtf/PartitionAlloc.h).
Therefore, whatever change you make to the default allocator is not going to impact those parts which use a custom allocator.