AI Insights · Timothy · July 2022
Top 5 Social Networking Apps in the US Q2 2022 Performance Review
Explore the performance metrics of the top 5 social networking apps in the United States for Q2 2022, including downloads, revenue, and active users.
In Q2 2022, the top 5 social networking applications in the United States exhibited varied performance metrics across weekly downloads, revenue, and active users. The data, sourced from Sensor Tower, provides insights into their trends and highlights notable developments.
BIGO LIVE-Live Stream, Go Live saw a decline in weekly revenue from late March, peaking at around $2.2M down to approximately $1.6M by the end of June. Weekly downloads fluctuated, starting at 120K and ending the quarter near 116K. Active users remained relatively stable, hovering around 1.1M throughout the period.
Life360: Find Friends & Family showed a steady increase in weekly revenue, starting at $1.3M and reaching about $1.6M by the end of June. Weekly downloads varied, beginning at 324K, dipping mid-quarter, and ending at 286K. Active users saw a gradual rise, from 19.2M to over 20.5M.
Grindr - Gay Dating & Chat experienced an upward trend in weekly revenue, starting at $818K and closing the quarter at roughly $1.4M. Weekly downloads remained relatively stable, fluctuating around 40K. Active users showed growth, starting at 1.4M and peaking at approximately 1.5M by the end of June.
Discord - Talk, Play, Hang Out maintained consistent revenue, beginning at $1.4M and ending near $1.3M. Weekly downloads showed minor fluctuations, starting at 389K and closing at 350K. Active users remained robust, consistently around 32M.
Facebook saw a decline in weekly revenue, from $1.3M in late March to around $1M by the end of June. Weekly downloads started strong at 812K but saw a decline, ending the quarter at 633K. Active users remained remarkably stable, fluctuating around 228M throughout the quarter.
For more detailed insights and data, visit Sensor Tower.