AI Insights · Timothy · April 2023
Top 5 Social Networking Apps in South America in Q1 2023
An overview of the performance of the top 5 social networking apps in South America in Q1 2023, highlighting trends in downloads, revenue, and active users.
During the first quarter of 2023, the top five social networking applications in South America showed varied performance trends in terms of downloads, revenue, and active users. Here’s a detailed look at each app's performance.
Grindr - Gay Dating & Chat from Grindr LLC saw a consistent revenue stream, peaking at around $131.5K in the last week of February. Weekly downloads fluctuated, reaching a high of 64.6K in the first week of January. Active users experienced a slight decline from approximately 1.96M to 1.83M over the quarter.
BIGO LIVE-Live Stream, Go Live by BIGO TECHNOLOGY PTE. LTD. showed a significant revenue spike around mid-January, peaking at about $69.9K. Downloads remained strong throughout the quarter, with a peak of 239.2K in the third week of February. Active users consistently hovered around the 2.1M mark.
Discord - Talk, Play, Hang Out from Discord, Inc. experienced steady revenue, peaking at around $64.1K in early January. Downloads were robust, reaching a high of 299.1K in the first week of February. Active users remained strong, averaging around 9.4M throughout the quarter.
Skype by Skype Communications S.a.r.l had stable revenue, with a peak of approximately $27.7K in early February. Weekly downloads peaked at 41.3K in early January. Active users showed a slight increase, reaching around 688K in early March.
Facebook from Meta Platforms, Inc. maintained consistent revenue throughout the quarter, peaking at about $66.4K in the last week of December. Downloads remained high, with a peak of 1.5M in mid-February. Active users showed minor fluctuations, averaging around 197M.
These insights are based on data from Sensor Tower. For more detailed information, visit Sensor Tower's website.