AI Insights · Timothy · July 2024
Top 5 Shopping Apps Performance in Panama for Q2 2024
Explore the performance trends of the top five shopping apps in Panama during Q2 2024, including download rates, revenue, and active users.
The second quarter of 2024 saw varied performance among the top five shopping apps in Panama on a unified platform, according to Sensor Tower data.
SHEIN - Shopping Online maintained a consistent download rate, with figures ranging from approximately 8.5K to 9.9K weekly downloads. Active users fluctuated slightly but remained robust, peaking at around 200K in mid-June.
Temu: Shop Like a Billionaire experienced a notable surge in downloads, especially towards the end of the quarter, reaching nearly 18K in the week of June 17. Active users also increased significantly from around 28.5K to 48.7K during the same period.
Alibaba.com showed a stable download trend, with weekly figures fluctuating between approximately 5.4K and 7.3K. Active users remained steady, averaging around 100K to 110K throughout the quarter.
Amazon Shopping had consistent weekly revenue, hovering around $20 to $23. Downloads were stable, ranging from about 3.2K to 3.5K. Active user numbers also displayed stability, averaging between 117K and 127K.
AliExpress - Shopping App faced a slight decline in downloads, with figures dropping from around 3.6K to 2K by the end of June. Active users showed a small decrease, moving from approximately 50.3K to 46.6K over the quarter.
For more detailed insights and data, visit Sensor Tower.
