AI Insights · Timothy · September 2023
Top 5 Social Apps Performance in the US for Q3 2023
In Q3 2023, the top 5 social apps in the US showed varied performances in terms of downloads, revenue, and active users, with notable trends observed across platforms.
The third quarter of 2023 saw intriguing trends among the top 5 social apps in the United States. Here’s a closer look at their performance metrics, as tracked by Sensor Tower.
TikTok
TikTok demonstrated robust financial performance, peaking at approximately $16.6M in weekly revenue at both the start and end of the quarter. Weekly downloads fluctuated around the 1M mark, reaching a high of 1.1M in late June. Meanwhile, the app consistently maintained a substantial user base, with weekly active users hovering around 96M to 98M, peaking at 98.6M in early August.
Bigo Live - Live Streaming App
Bigo Live experienced a steady revenue stream, averaging around $1.7M weekly, with a notable peak at $1.8M in late September. Weekly downloads varied, peaking at approximately 191K in early August. The app's weekly active users remained relatively stable, ranging from 1.2M to 1.3M, with a slight uptick to 1.4M in early August.
Grindr - Gay Dating & Chat
Grindr maintained a strong revenue presence, averaging around $1.8M weekly, with a peak of $1.9M in late August. Weekly downloads showed consistent performance, fluctuating between 45K and 53K. Active users ranged from 1.2M to 1.5M, with a peak of 1.5M in late June.
Facebook's revenue performance saw a notable peak at $1.3M in late August, with weekly figures generally around the $800K mark. Download numbers remained strong, averaging around 600K weekly, peaking at 650K in early July. The platform consistently engaged over 220M active users weekly, demonstrating its vast and stable user base.
Tango- Live Stream, Video Chat
Tango's revenue hovered around $470K weekly, with a slight peak at $508K in late August. Downloads were relatively low, averaging around 17K weekly, with a peak of 22K in early July. Active users ranged from 160K to 175K, with a peak of 175K in early July.
For more detailed insights and data, visit Sensor Tower.