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AI Insights · Timothy · July 2024

Top 5 Shopping Apps Performance in Panama Q2 2024

In Q2 2024, the top 5 shopping apps in Panama showed varying trends in downloads and active users. Discover which apps led the market and how they performed.

Top 5 Shopping Apps Performance in Panama Q2 2024

In the second quarter of 2024, the top 5 shopping applications in Panama demonstrated diverse performance trends. Here is a closer look at the data derived from Sensor Tower.

SHEIN - Shopping Online saw a consistent number of downloads throughout the quarter, ranging from approximately 7.9K to 9.9K per week. Weekly active users remained relatively stable, starting at around 191K and peaking at approximately 200K in mid-June.

Temu: Shop Like a Billionaire experienced a noticeable surge in downloads, especially in June, where weekly downloads jumped from 6.9K to a high of 18K. Active users also saw a significant increase, growing from 28.5K in early April to nearly 48.8K by mid-June.

Alibaba.com maintained a steady download rate with weekly downloads fluctuating between 4.7K and 7.2K. Active users showed a positive trend, reaching a peak of around 109K in early May and stabilizing around 102K by the end of June.

Amazon Shopping had a consistent performance in terms of revenue, averaging around $21 per week. Downloads were stable, ranging from 3.2K to 3.5K per week. Active user numbers were strong, maintaining around 117K to 127K throughout the quarter.

AliExpress - Shopping App showed a slight decline in downloads, starting at 3.6K in early April and dropping to approximately 2K by the end of June. Active users also saw a downward trend, decreasing from 50.3K to 46.6K.

For more detailed insights and data, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: July 2024