AI Insights · Timothy · January 2024
Top News and Magazines Apps in South Africa: Q4 2023 Performance
Explore the performance of the top five news and magazines apps on a unified platform in South Africa during Q4 2023, highlighting trends in weekly downloads, revenue, and active users.
In Q4 2023, the top five news and magazines apps in South Africa showed varied performance trends in weekly downloads, revenue, and active users. Here's a detailed look at how each app performed during this period.
Netwerk24 – Alles op een plek! saw its weekly revenue fluctuate between $9.9K and $12.9K, peaking at the end of December. Weekly downloads also showed a significant increase towards the end of the quarter, reaching up to 631 downloads in the final week.
For News24: Trusted News. First, weekly revenue remained robust, ranging from $11K to $15K. Downloads were relatively stable, with a slight dip mid-quarter but closing strong at 948 downloads in the last week. The app maintained a consistent user base, with weekly active users hovering around 85K to 93K.
Magzter: Magazines, Newspapers exhibited a gradual increase in weekly revenue, which surged from $1.4K to $3.7K by the end of December. Downloads remained modest but showed an upward trend towards the end of the quarter, reaching 172 downloads in the final week. Active users fluctuated slightly but ended the quarter on a higher note with 1.1K users.
Medium experienced a steady weekly revenue, peaking at around $1.7K in mid-December. Downloads varied but saw a moderate increase towards the end, reaching 550 downloads in the last week of December. Active users showed slight fluctuations, maintaining around 1.8K to 2.2K throughout the quarter.
Lastly, Bloomberg: Finance Market News had weekly revenue ranging from $2.2K to $3.5K, with notable peaks in late October and mid-December. Downloads were consistent, with a small peak of 297 downloads in mid-November. Active users remained stable around 2.3K to 2.6K.
These insights are derived from Sensor Tower data, and for more detailed analytics, you can visit their platform.