Top 5 News and Magazines Apps in South Africa: Q3 2022 Performance

Throughout the third quarter of 2022, the top 5 News and Magazines apps in South Africa demonstrated notable trends in downloads, revenue, and active users. Below, we delve into the performance of each app based on data from Sensor Tower.

News24: Trusted News. First experienced a fluctuating yet substantial weekly revenue, peaking at approximately $14.9K in the week of August 8. Weekly downloads saw a slight increase mid-quarter, reaching around 1.6K, while weekly active users gradually declined from 157K to 143K over the quarter.

Netwerk24 – Alles op een plek! maintained a consistent revenue trend, with a peak of around $10.3K in the week of August 8. Downloads showed a notable spike in mid-July, reaching 1.3K, before stabilizing around the 600-700 range towards the quarter's end.

Magzter: Magazines, Newspapers observed a steady weekly revenue with peaks around $3.6K in late July and $3K in late September. While weekly downloads remained modest, peaking at 270 in the last week of September, active users hovered around 1.7K to 1.8K throughout the quarter.

Bloomberg: Finance Market News showed significant revenue fluctuations, with a notable peak of $6.2K in the week of September 19. Downloads remained relatively stable, averaging around 400 weekly, while active users also held steady at approximately 3.3K.

Medium saw its weekly revenue peak at $1.6K in late June and mid-July, with consistent downloads, peaking at 578 in mid-August. Active users remained relatively stable, averaging around 2.3K throughout the quarter.

The data presented offers a comprehensive overview of the performance trends for the top 5 News and Magazines apps in South Africa during Q3 2022. For more detailed insights and analysis, visit Sensor Tower.