AI Insights · Timothy · July 2023
Top 5 Business Finance & Business Solutions Apps in Saudi Arabia Q2 2023
Explore the performance of the top 5 business finance and business solutions apps in Saudi Arabia during Q2 2023, with insights into their downloads, revenue, and active users.
During the second quarter of 2023, the top 5 business finance and business solutions applications on a unified platform in Saudi Arabia showed varied performance metrics, including weekly downloads, revenue, and active users. This data, gathered by Sensor Tower, provides a detailed look into the trends for these applications.
PayPal Business experienced fluctuations in weekly downloads. It started the quarter with a download count of 2.2K, which saw a decline to 1.2K by mid-May. However, there was a notable spike in early June, reaching up to 3.9K before stabilizing around 1.9K by the end of June. In terms of active users, the app began with 6.2K active users, peaked at 9.2K in mid-June, and concluded the quarter with 5.9K active users.
Accounting App - Zoho Books showed a steady increase in weekly downloads throughout the quarter. Starting at 916 downloads, it reached 1.8K by the end of June. Weekly active users mirrored this trend, beginning with 2.1K and growing to 3.3K by the end of the period. The app's weekly revenue saw a peak of $435 in early April, with fluctuations leading to a final weekly revenue of $169 by the end of June.
Mileage Tracker by Driversnote had a relatively stable performance in terms of downloads, maintaining an average of around 90 downloads per week. Its active user base also showed a gradual increase, starting at 177 and ending at 252 by the end of June.
FreshBooks Invoicing App had modest weekly downloads, starting at 22 and peaking at 70 by the end of June. The app's active users followed a similar trend, growing from 30 to 53 over the same period. The app generated minimal revenue, with the highest being $28 in early April.
Shopify Point of Sale (POS) had consistent but low weekly downloads, fluctuating between 7 and 42. Its active user count started at 43, peaked at 56 in early May, and ended at 38. Revenue data was not available for this app.
For more insights and detailed analytics, visit Sensor Tower.
