AI Insights · Timothy · July 2023
Top 5 News and Magazines Apps Performance in Egypt, Q2 2023
Discover the performance trends of the top 5 News and Magazines apps on a unified platform in Egypt during Q2 2023, including weekly downloads, revenue, and active users.
The second quarter of 2023 saw notable trends in the performance of leading News and Magazines applications on a unified platform in Egypt. Here's a detailed look at the top 5 apps, based on data from Sensor Tower.
Medium experienced a steady increase in weekly revenue, peaking at approximately $133 in mid-May. Weekly downloads showed a significant rise in late April, reaching around 424K, while weekly active users fluctuated between 2.4K and 2.8K throughout the quarter.
Bloomberg: Finance Market News saw its highest weekly revenue in mid-April, hitting roughly $572. Weekly downloads varied, with a notable peak of 218K in late April. Active users showed a general decline towards the end of June, starting from around 1K and dropping to approximately 766.
The New York Times maintained a consistent performance in weekly revenue, peaking at around $121 in early May. Weekly downloads reached a high of 161K in late April. Active users remained stable throughout the quarter, fluctuating between 2.7K and 3.4K.
Le Monde, Live News had a relatively lower weekly revenue, peaking at about $67 in mid-June. Weekly downloads saw a notable increase in late April, reaching 62K. Active users remained fairly consistent, averaging around 300-400 throughout the quarter.
The Economist - News, Podcasts showed a significant increase in weekly revenue, peaking at approximately $184 in early June. Weekly downloads also saw a peak of 190K in late May, while active users remained steady, ranging from 945 to 1.1K over the quarter.
These insights reflect the dynamic nature of user engagement and monetization for News and Magazines apps in Egypt. For more detailed insights, visit Sensor Tower.
