AI Insights · Timothy · September 2023
Top 5 News Apps Performance in New Zealand for Q3 2023
The third quarter of 2023 saw varied trends among the top five news apps in New Zealand, with notable changes in downloads, revenue, and active users.
The third quarter of 2023 presented an interesting landscape for news applications in New Zealand, with each app showing unique trends in downloads, revenue, and active users. Here’s a closer look at the performance of the top five news apps on a unified platform:
Reddit experienced fluctuating weekly revenue, peaking at around $897 in late July before declining to approximately $80 by the end of September. Weekly downloads showed a gradual increase from 2.9K in late July to around 3.7K in mid-September. Active users demonstrated a steady climb, starting at 172.5K in late June and reaching approximately 200.5K by the end of the quarter.
X saw consistent weekly revenue, with a high of about $1.8K in late July and a low of around $975 in late August. Downloads fluctuated slightly, starting at 3K in late June and ending around 2.4K by late September. Active users remained relatively stable, hovering around the 440K mark throughout the quarter.
NZ Herald News showed strong weekly revenue, ranging from approximately $13.6K to $19.4K. Downloads declined over the quarter, from 728 in late June to about 499 by late September. Active users remained fairly stable, with a slight decrease from 5.6K in late June to around 5.2K by the end of September.
Stuff.co.nz did not generate any revenue during the quarter. Weekly downloads showed a declining trend, from 853 in late June to around 770 by late September. Active users remained steady, with a slight decline from 35.3K in late June to approximately 31.5K by the end of the quarter.
1NEWS also did not generate any revenue throughout the quarter. Downloads varied, peaking at 629 in mid-July and ending at around 446 by late September. Unfortunately, data on active users for 1NEWS was not provided.
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