AI Insights · Timothy · July 2023
Top 5 Social Apps Performance in Europe Q2 2023
In Q2 2023, Europe's top social apps showed varied performance in terms of downloads, revenue, and active users, with [TikTok](https://app.sensortower.com/overview/56cbbce9d48401b048003405?country=US) leading in revenue and [Facebook](https://app.sensortower.com/overview/55c530a702ac64f9c0002dff?country=US) in active users.
In Q2 2023, Europe's top social apps exhibited diverse trends in downloads, revenue, and active users, according to data from Sensor Tower.
TikTok demonstrated a robust performance in revenue, starting the quarter with $9.0M and peaking at $10.3M in the week of June 19. Weekly downloads fluctuated slightly, reaching a high of 1.9M in the week of June 5. The app maintained a steady increase in active users, culminating at approximately 200.9M by the end of June.
Instagram saw a significant revenue spike in the week of May 22, hitting around $207K, with another peak of $223K in the final week of June. Weekly downloads remained relatively stable, with numbers hovering around 1.4M throughout the quarter. Active users showed a slight upward trend, ending the quarter at about 197.7M.
Facebook experienced a steady revenue increase, peaking at approximately $232K in the last week of June. Weekly downloads were consistent, averaging around 1M. The platform maintained a high level of active users, with numbers consistently around 273M throughout the quarter.
Likee - Short Video Community faced a decline in revenue, dropping from $55K at the beginning of the quarter to around $35K by the end of June. Downloads fluctuated, with a peak of 457K in the week of June 5. Active users showed a slight decrease, ending the quarter at approximately 14.5M.
Finally, X saw a varied revenue trend, peaking at around $166K in mid-April and closing the quarter at $165K. Weekly downloads were highest in early May at 644K, while active users remained stable, ending June at approximately 54.7M.
For more detailed insights and data, visit Sensor Tower.