AI Insights · Timothy · July 2022
Top 5 Shopping Apps Performance in US Q2 2022
In Q2 2022, the top 5 shopping apps in the US showed varied performance trends in downloads, revenue, and active users. Here’s a detailed look at their metrics.
In Q2 2022, the performance of the top 5 shopping apps in the US, based on data from Sensor Tower, showcased interesting trends in weekly downloads, revenue, and active users.
OfferUp - Buy. Sell. Letgo. experienced a steady increase in weekly revenue, peaking at approximately $590.9K in the final week of June. Weekly downloads fluctuated, with a high of around 236K at the start of April, dipping mid-quarter, and stabilizing around 208K by the end of June. Active users remained robust, averaging around 13M throughout the quarter, with a peak of 13.8M in the last week of May.
CARFAX - Shop New & Used Cars maintained a steady revenue stream, averaging about $93K weekly, with a slight peak at $97.1K at the end of June. Weekly downloads hovered around 37K, with minor fluctuations. Active users were stable, averaging just over 100K throughout the quarter.
Buy and sell - Marketplace saw a decline in revenue, starting at $44.5K at the end of March and dropping to around $29.4K by the end of June. Weekly downloads were relatively low, with a peak of about 12.9K in early April and generally declining towards the quarter's end. Active users followed a similar trend, peaking at 18.3K in late March and dropping to around 16K by the end of June.
Sole Retriever - Sneakers showed growth in revenue, starting at $20.8K at the end of March and reaching $33.2K by the end of June. Downloads were modest, peaking at 3.6K in mid-April, and generally remained low throughout the quarter.
HotStock - in-stock alerts saw a varied revenue pattern, starting at $14.4K at the end of March, peaking at $16.3K in mid-April, and ending at $12K by the end of June. Weekly downloads peaked at 7.6K in mid-April but generally trended downward. Active users ranged from 30K to 44K, showing a slight decline towards the end of the quarter.
For more detailed insights into the performance of these apps, visit Sensor Tower.