AI Insights · Timothy · July 2024
Top 5 Social Apps in Europe Q2 2024: Unified Platform Performance
Explore the performance of the top 5 social apps in Europe during Q2 2024, highlighting trends in downloads, revenue, and active users.
In Q2 2024, the top 5 social apps in Europe showed diverse trends in downloads, revenue, and active users, according to data from Sensor Tower.
TikTok saw its weekly revenue peak at around $16.2M in late May, with a consistent upward trend throughout the quarter. Weekly downloads fluctuated, peaking at approximately 2.2M in mid-June. Active users grew steadily, reaching around 197M by the end of June.
Grindr - Gay Dating & Chat experienced a gradual increase in weekly revenue, peaking at approximately $964K in the final week of June. Downloads remained relatively stable with a slight increase towards the end of the quarter, reaching around 37K. Active users peaked at approximately 1.4M in late June.
Bigo Live - Live Streaming App showed a mix of trends. Weekly revenue fluctuated, peaking at around $509K in early May. Downloads saw a dip mid-quarter but rebounded to approximately 214K by the end of June. Active users remained relatively stable, ending the quarter at around 2.2M.
Instagram experienced an increase in weekly revenue, peaking at approximately $1.04M in early June. Downloads were strong throughout the quarter, peaking at around 1.37M in mid-June. Active users saw a steady increase, reaching approximately 194.6M by the end of June.
Tango- Live Stream, Video Chat had a steady increase in weekly revenue, peaking at approximately $373K in late June. Downloads showed a slight increase towards the end of the quarter, reaching around 109K. Active users grew steadily, peaking at approximately 1.07M by the end of June.
For more detailed insights, visit Sensor Tower.