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AI Insights · Timothy · April 2024

Top 5 Social Apps Performance in Europe Q1 2024

Discover how the top 5 social apps performed in Europe during the first quarter of 2024, with metrics on downloads, revenue, and active users.

Top 5 Social Apps Performance in Europe Q1 2024

During the first quarter of 2024, the top 5 social apps in Europe displayed varied performance trends in terms of downloads, revenue, and active users. Here's a detailed look at their metrics, based on data from Sensor Tower.

TikTok saw a significant increase in weekly revenue, starting at approximately $10.9M in early January and peaking at around $15M by the end of March. Weekly downloads fluctuated, beginning with over 2.1M and ending the quarter with about 1.7M. Active users remained relatively stable, hovering around 192M throughout the quarter.

Grindr - Gay Dating & Chat experienced a slight decline in weekly revenue, starting at about $887K and closing the quarter at around $861K. Downloads ranged between 31K and 35K weekly, while active users showed minor fluctuations, maintaining an average of 1.4M.

Bigo Live - Live Streaming App had a stable revenue trend, peaking at $540K in early February and ending the quarter at roughly $491K. Downloads saw a decline from around 340K in early January to about 236K by the end of March. Active users hovered around the 2.2M mark.

Instagram showed a robust revenue performance, starting at $661K in early January and peaking at nearly $996K in mid-March. Downloads were steady, ranging from 1.3M to 1.5M weekly. Active users consistently stayed around 192M throughout the quarter.

Tango- Live Stream, Video Chat had a fluctuating revenue trend, starting at $364K and ending at $349K. Downloads varied, beginning at around 78K and peaking at approximately 111K in late March. Active users showed growth, starting at 833K and reaching over 1M by the end of the quarter.

For more insights and detailed data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: April 2024