Top 5 News and Magazines Apps Performance in South Africa Q3 2023

In the third quarter of 2023, the performance of the top 5 News and Magazines applications on a unified platform in South Africa exhibited notable trends in downloads, revenue, and active users. Here's a closer look at how each app fared during this period.

Netwerk24 – Alles op een plek! from News24 showed a steady weekly revenue, peaking at approximately $12.5K in early August. Weekly downloads for the app hovered around 400-600, with a slight increase in early September reaching 559.

News24: Trusted News. First, also from News24, maintained a consistent weekly revenue, reaching up to $13.3K in early August. Weekly downloads remained stable, fluctuating between 900 and 1.3K. The app's weekly active users saw a gradual decline, starting at 104.3K in late June and falling to 92.9K by the end of September.

Magzter: Magazines, Newspapers by Magzter Inc. experienced varying weekly revenue, peaking at $2.5K in late July. Weekly downloads demonstrated a stable trend, mostly ranging between 100 and 200. The app's weekly active users remained relatively steady, around 1.1K to 1.2K throughout the quarter.

Bloomberg: Finance Market News from Bloomberg LP CM saw fluctuations in weekly revenue, with a significant peak at $4.4K in mid-September. Weekly downloads were consistent, mostly staying between 250 and 400. The app's weekly active users exhibited a minor decline, starting at 2.9K in late June and ending at 2.6K by the end of September.

Medium from A Medium Corporation showed gradual growth in weekly revenue, peaking at $1.5K in late September. Weekly downloads fluctuated, reaching a high of 661 in mid-September. The app's weekly active users remained stable, hovering around 2K to 2.2K throughout the quarter.

These insights are based on data from Sensor Tower, providing a comprehensive overview of the top-performing News and Magazines apps in South Africa for Q3 2023. For more detailed insights, visit Sensor Tower.