AI Insights · Timothy · April 2023
Top 5 Social Apps Performance in Portugal: Q1 2023
In Q1 2023, the performance of the top 5 social apps in Portugal showed varied trends in downloads, revenue, and active users. TikTok led in revenue growth, while Facebook maintained the highest number of active users.
In the first quarter of 2023, the performance of the top 5 social apps in Portugal demonstrated diverse trends across downloads, revenue, and active users. Here’s a closer look at how each app fared over the period.
TikTok from TikTok Pte. Ltd. saw significant fluctuations in its weekly revenue, peaking at approximately $67.7K in the final week of March. Weekly downloads experienced a gradual decline, starting at 26.8K in late December and dropping to around 14.9K by the end of March. Despite this, the app maintained a robust base of weekly active users, consistently hovering around 2M throughout the quarter.
Grindr - Gay Dating & Chat by Grindr LLC displayed a relatively stable revenue trend, with a slight dip to $4.9K in mid-March before recovering to approximately $5.3K by the end of the quarter. Downloads remained steady, fluctuating between 659 and 932 per week. The app's active user base showed minor variations, maintaining an average of around 25K users weekly.
BuzzCast - Live Video Chat App from BuzzCast LIVE exhibited a downward trend in revenue, starting at $2.8K and ending at approximately $1.9K. Weekly downloads were also inconsistent, peaking at 747 in mid-March but falling to 396 by the end of the month. The app's active users saw minor fluctuations, averaging around 7.5K weekly.
Facebook by Meta Platforms, Inc. maintained a consistent revenue stream, with a slight dip to $1.8K in mid-March before closing the quarter at about $2K. Weekly downloads showed a steady pattern, averaging around 15K. The app consistently boasted the highest number of active users among the top apps, with figures consistently around 4.9M throughout the quarter.
Bigo Live - Live Streaming App from Bigo Technology Pte. Ltd. experienced moderate revenue fluctuations, peaking at $3.9K in late February and ending at $1.8K in March. Downloads varied slightly, with a peak of 776 in mid-February and a slight decline to 688 by the end of March. Active users remained relatively stable, averaging around 5.2K weekly.
These insights, derived from Sensor Tower data, provide a comprehensive overview of the performance trends of the leading social apps in Portugal during Q1 2023. For more detailed insights and analytics, visit Sensor Tower.