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AI Insights · Timothy · March 2023

Top 5 Social Apps Performance in South America, Q1 2023

Explore the performance trends of the top social apps in South America during the first quarter of 2023, including weekly downloads, revenue, and active users.

Top 5 Social Apps Performance in South America, Q1 2023

In the first quarter of 2023, the top five social apps in South America demonstrated varied performance across different metrics. Here's a closer look at how TikTok, Grindr - Gay Dating & Chat, Kismia - Meet Singles Nearby, Facebook, and Chamet - Live Video Chat performed.

TikTok saw impressive revenue figures, starting the quarter at around $324K per week, with a steady increase that culminated in $441K in the final week of March. Weekly downloads showed fluctuations, peaking at 2.5M in early January and maintaining an average of around 2M throughout the quarter. Active users hovered around the 115M mark, with slight dips and rises, ending the quarter at approximately 112.7M.

Grindr - Gay Dating & Chat experienced consistent weekly revenue, starting at about $119K and peaking at $131K in late February. Weekly downloads remained relatively stable, with numbers around the 60K mark and slight increases and decreases throughout the quarter. Active users fluctuated between 1.8M and 1.9M, finishing the quarter at roughly 1.8M.

Kismia - Meet Singles Nearby showed a varied revenue trend, beginning at $50K and reaching up to $60K in early February, before declining to around $42K by the end of March. Downloads peaked at 157K in early January but saw a significant drop to around 39K by the end of the quarter. Active users followed a similar trend, starting at 147K and reducing to about 127K by the end of March.

Facebook maintained a steady revenue, averaging around $50K to $60K weekly. Downloads remained robust, with figures ranging from 1.3M to 1.5M, and active users remained consistently high, around the 200M mark throughout the quarter.

Chamet - Live Video Chat saw its weekly revenue start at $24K and rise to $33K by the end of February, before stabilizing around $30K. Downloads fluctuated, peaking at 35K in early January, and active users saw an upward trend from 87K to 107K by the end of March.

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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: March 2023