AI Insights · Timothy · April 2023
Top 5 Social Networking Apps in South America - Q1 2023
Analyzing the performance of the top social networking apps in South America during Q1 2023, including WhatsApp Messenger, Facebook, Telegram Messenger, Messenger, and Google Meet.
In the first quarter of 2023, the top social networking applications in South America showed varied performance in terms of weekly downloads, revenue, and active users. Below is an analysis of the performance trends for WhatsApp Messenger, Facebook, Telegram Messenger, Messenger, and Google Meet.
WhatsApp Messenger from WhatsApp Inc. saw weekly downloads fluctuate throughout the quarter, starting at approximately 1.38M and ending at around 1.55M. The app's weekly revenue peaked twice, first at $78 in mid-January and later at $76 in the final week of March. Active users increased steadily from 202M to 205M over the quarter.
Facebook by Meta Platforms, Inc. maintained strong weekly downloads, averaging around 1.4M. The highest weekly revenue was observed at $66.4K during the last week of December, with a general downward trend to $46.8K by the end of March. Active users showed slight fluctuations, starting at 200M and closing the quarter at approximately 197M.
Telegram Messenger from Telegram FZ-LLC experienced a notable rise in weekly revenue, peaking at $39.3K in the week of February 20. Downloads remained relatively stable, averaging around 800K. Active users saw a slight increase from 23.6M to 24.5M by the end of the quarter.
Messenger by Meta Platforms, Inc. had weekly downloads that varied from 880K at the start of the quarter to 688K at the end. Revenue peaked at $584 in early March. Active users showed a gradual decline from 63.7M to 59.1M over the quarter.
Google Meet by Google showed a consistent rise in weekly downloads, starting at 47K and reaching approximately 150K by the end of March. Active users also increased significantly, from 3.6M to 5.4M over the quarter.
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