AI Insights · Timothy · October 2022
Top 5 News Applications in South Africa: Q3 2022 Performance
Discover the performance of the top 5 news applications in South Africa during Q3 2022, including trends in downloads, revenue, and active users.
During the third quarter of 2022, the top 5 news applications in South Africa exhibited varied performance metrics in terms of downloads, revenue, and active users. Here’s a detailed look at how each app fared:
News24: Trusted News. First from 24.com saw fluctuations in its weekly revenue, peaking at approximately $14.9K in early August. Weekly downloads ranged between 1.1K to 1.6K, showing a slight decline towards the end of the quarter. The app maintained a steady number of active users, starting at around 157K and ending the quarter with approximately 143K.
Netwerk24 – Alles op een plek, also from 24.com, experienced a consistent weekly revenue, with peaks of about $10.3K in early August and $9.9K in mid-July. Weekly downloads showed a notable spike in mid-July reaching 1.3K but generally ranged between 600 and 900 downloads throughout the quarter.
Bloomberg: Business News Daily by Bloomberg Finance LP had a notable increase in weekly revenue mid-September, peaking at around $6.2K. Weekly downloads fluctuated between 300 and 500, while active users remained fairly stable, from 3.4K at the start to 3.3K towards the end of the quarter.
PressReader: News & Magazines from PressReader Inc showed steady weekly revenue, peaking at approximately $1.6K in early September. Weekly downloads were consistent, mostly hovering around 500. Active users saw a slight decline from 10.8K to 10.5K throughout the quarter.
The Economist - News, Podcasts by The Economist maintained stable weekly revenue with peaks of about $1.6K in mid-August and mid-September. Weekly downloads varied, with the highest being 570 in mid-August. The app's active users showed a slight increase from 2.9K to 3.3K over the quarter.
These insights are based on data from Sensor Tower, where more detailed statistics and trends can be explored.