AI Insights · Timothy · July 2023
Top 5 Shopping Apps on Unified Platform in Panama Q2 2023
Discover how the top 5 shopping apps performed in Panama during Q2 2023, with key insights on downloads, active users, and revenue trends.
In Q2 2023, the top five shopping apps in Panama showcased varying trends in downloads, active users, and revenue, offering a comprehensive view of the market dynamics. Here’s a detailed look at their performance:
SHEIN - Shopping Online saw a consistent increase in weekly downloads, starting from 6.8K at the end of March and peaking at 9.4K in mid-June. Active users showed a gradual upward trend, reaching 151K by the end of June from an initial 140K.
Alibaba.com experienced fluctuations in weekly downloads, beginning at 5.3K and ending at 7K. Active users grew steadily, from 82.2K in late March to 91.3K by the end of the quarter.
Amazon Shopping demonstrated a notable increase in weekly revenue, which started at $11 and peaked at $38 in mid-June. Downloads showed upward momentum, climbing from 2.7K to 3.8K. Active users slightly increased from 103K to 106K over the quarter.
AliExpress - Shopping App had a steady rise in weekly downloads, starting at 2.3K and ending at 3.1K. Active users followed a similar trend, growing from 41.3K to 43.5K during the same period.
Temu: Shop Like a Billionaire showed the most significant growth in downloads, from 787 in late March to 5.2K by the end of June. Active users also surged, increasing from 4.3K to 13.2K.
This data, sourced from Sensor Tower, highlights the dynamic nature of the shopping app market in Panama. For more detailed insights, visit Sensor Tower.
