AI Insights · Timothy · April 2024
Top 5 Social Apps in Egypt Q1 2024 Performance
In Q1 2024, the top 5 social apps in Egypt showcased varied trends in downloads, revenue, and active users. TikTok led the pack in terms of user engagement and downloads.
In the first quarter of 2024, the top 5 social apps in Egypt displayed diverse performance metrics across downloads, revenue, and active users. Here is a detailed look at their trends:
TikTok from TikTok Pte. Ltd. experienced a fluctuating revenue trend, peaking at around $97.6K in the first week of January before dipping to approximately $22K by mid-March. Weekly downloads saw a significant surge in late January, reaching 841K, but later tapered off to around 297K by the end of March. Active users remained robust, peaking at over 16M in late January but slightly declining to around 14.9M by the quarter's end.
Tango- Live Stream, Video Chat, developed by Tango, showed a stable revenue pattern with minor fluctuations, maintaining around $12K in early January and closing the quarter at approximately $7.2K. Downloads remained steady, averaging between 8K to 11K weekly. Active users peaked at nearly 298K mid-January but saw a slight decline, ending the quarter with about 279K users.
Facebook, by Meta Platforms, Inc., had a consistent revenue stream, starting at approximately $8.6K and ending at $5.4K. Downloads were strong, with a peak of 397K in late January but later decreased to around 232K by the end of March. Active users remained high, consistently above 44M, peaking at 45.1M in early March.
Chamet - Live Video Chat, from Chamet Team, saw a gradual decline in revenue, starting at $5.1K in the first week and dropping to about $2.8K by the quarter’s end. Downloads increased notably from 2.5K in early January to 8.4K by mid-March. Active users showed growth, starting at 22.5K and peaking at 36.6K in mid-March.
Who - Live Video Chat, developed by Media Republic Apps, experienced a revenue decline from $3.9K in early January to $2.1K by the end of March. Downloads remained fairly stable, averaging around 5K to 7K weekly. Active users showed a downward trend, starting at 24.5K and ending at approximately 17.9K.
These insights are derived from Sensor Tower’s data, offering a comprehensive view of app performance for Q1 2024. For more detailed analytics and insights, visit Sensor Tower.