AI Insights · Timothy · April 2024
Top 5 Shopping Apps in the US in Q1 2024
In Q1 2024, the top 5 shopping apps on a unified platform in the US showed varying trends in downloads, active users, and revenue according to Sensor Tower data.
In Q1 2024, the top 5 shopping apps on a unified platform in the United States exhibited diverse performance trends in weekly downloads, active users, and revenue. The data, sourced from Sensor Tower, provides an insightful look into the market dynamics for these popular apps.
Temu: Shop Like a Billionaire saw a notable fluctuation in weekly downloads, starting strong with approximately 1.9M downloads in the first week of January, peaking mid-quarter at around 2M downloads in the week of January 15, and then gradually declining to about 753K by the end of March. The app's weekly active users also showed a decline from 26.2M at the beginning of January to 21.3M by the end of the quarter.
SHEIN - Shopping Online demonstrated a consistent increase in weekly downloads, starting with around 620K in the first week of January and rising to approximately 1.08M by the last week of March. Weekly active users followed a similar upward trend, growing from 14.6M to 16.7M over the quarter.
Amazon Shopping maintained a steady presence with weekly downloads fluctuating between 351K and 441K throughout the quarter. The app's weekly revenue peaked at about $2.7M in late January and early February before seeing a slight decrease to around $2.3M by the end of March. Weekly active users remained relatively stable, around 44.6M by the end of the quarter.
Walmart: Shopping & Savings experienced a consistent download rate, starting at approximately 414K downloads in early January and ending at around 349K by late March. The app's weekly active users fluctuated slightly but ended the quarter with approximately 11.2M users.
Shop: All your favorite brands saw a steady decline in weekly downloads, from around 311K in the first week of January to about 240K by the last week of March. The app's weekly active users also decreased from 5.4M to approximately 4.5M over the same period.
For more detailed insights and data on these shopping apps, visit Sensor Tower.