Top 5 News Apps Performance in South Africa Q2 2023

In Q2 2023, the performance of the top 5 news apps in South Africa revealed intriguing insights into user engagement and revenue trends. Here's a detailed look at how these apps fared:

News24: Trusted News. First from 24.com demonstrated robust revenue figures, peaking at around $13.6K in the week of May 8. Weekly downloads fluctuated, reaching a high of approximately 2.4K in mid-April, but dipping to around 1K by the end of June. Active users saw a slight decline, dropping from 117K in early April to around 104K by the end of June.

Netwerk24 – Alles op een plek, also from 24.com, showed a consistent revenue stream, with a notable peak of about $10.8K in early June. Downloads remained relatively low, peaking at approximately 1.1K in mid-April, and gradually declining to around 460 by late June.

Bloomberg: Business News Daily from Bloomberg Finance LP experienced a moderate revenue peak of around $4K in mid-April. Weekly downloads showed a downward trend, starting at approximately 1.2K in late March and dropping to around 283 by the end of June. Active users remained fairly stable, hovering around 3K to 4K throughout the quarter.

X from X Corp. exhibited the highest number of weekly downloads among the top five, peaking at approximately 33.3K in early April. Revenue showed steady growth, reaching around $4.3K in late April. Active users remained consistently high, averaging around 2.6M throughout the quarter.

The Economist - News, Podcasts from The Economist recorded a gradual increase in revenue, peaking at around $1.5K in late June. Weekly downloads saw a significant spike, from approximately 694 in early June to 2.9K by mid-June. Active users also increased, reaching around 6.1K by mid-June.

These insights underscore the varied performance metrics across different news apps in South Africa. For more detailed insights and data, visit Sensor Tower.