AI Insights · Timothy · July 2023
Top 5 News and Magazines Apps in South Africa Q2 2023 Performance
Explore the performance of the top 5 news and magazines apps on a unified platform in South Africa during Q2 2023, with insights on downloads, revenue, and active users.
During the second quarter of 2023, the top 5 news and magazines applications in South Africa showed varied performance across downloads, revenue, and active users, according to data from Sensor Tower.
News24: Trusted News. First demonstrated a strong presence with weekly revenue peaking at around $13.6K in early May. Downloads for the app fluctuated, reaching a high of approximately 2.4K in mid-April. Active users saw a slight decline from 117K to 104K over the quarter.
Netwerk24 – Alles op een plek! had consistent weekly revenue, peaking at $10.8K in early June. Weekly downloads were lower, with a peak of around 1.1K in mid-April.
Magzter: Magazines, Newspapers experienced variable weekly revenue, peaking at $2.8K at the end of March. Downloads were more modest, peaking at around 344 in mid-April. Active user numbers remained relatively stable, hovering around 1.3K to 1.5K throughout the quarter.
Bloomberg: Finance Market News saw a peak in weekly revenue of approximately $4K in mid-April. Downloads trended downwards, from a peak of 1.2K at the end of March to 283 by the end of June. Active users showed a gradual decline from 4K to around 2.9K.
Medium had consistent revenue, peaking at $1.3K in late April. Downloads peaked at about 906 in mid-April, while active users remained relatively stable, fluctuating around the 2.4K to 2.7K mark.
For more detailed insights and trends, explore Sensor Tower's comprehensive data.
