Top 5 News and Magazines Apps on Android in South Africa: Q2 2023 Performance

The second quarter of 2023 saw varied performance for the top 5 News and Magazines applications on Android in South Africa. Here's a detailed look at their trends in weekly downloads, revenue, and active users.

News24: Trusted News. First experienced a steady increase in weekly revenue, peaking at approximately $2.1K in late April before ending the quarter around $2K. Weekly downloads showed a significant decline, dropping from 1.3K at the end of March to just 465 by the end of June. The app's active users also saw a downward trend, starting at 76K and closing the quarter at 67.7K.

Netwerk24 – Alles op een plek! had a varied revenue performance, reaching its highest point of approximately $2.7K in the final week of June. Weekly downloads started at around 624 in late March but dropped to 265 by the end of the quarter.

Magzter: Magazines, Newspapers saw a significant drop in both downloads and active users. Downloads started at 253 in late March and fell to just 95 by the end of June. Active users also declined from 1.1K to 959 over the same period. Revenue showed fluctuations, peaking at around $799 in late March and ending at approximately $502 in June.

Bloomberg: Finance Market News had an interesting quarter with revenue peaking at $758 in late April and closing at $626 in June. Downloads started at 922 in late March and declined to 205 by the end of June. Active users also saw a downward trend, starting at 2.5K and ending at approximately 1.8K.

Lastly, Medium showed an increase in revenue, starting at $270 in late March and peaking at $384 in late April before ending the quarter at $296. Downloads fluctuated, starting at 520 and ending at 275. Active users began at 1.8K and concluded the quarter at around 1.5K.

For more insights and detailed data, visit Sensor Tower.