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AI Insights · Timothy · June 2024

Top 5 Social Networking Apps in Portugal: Q2 2024 Performance

Explore the performance metrics of the top 5 social networking applications in Portugal for Q2 2024, including downloads, revenue, and active user trends.

Top 5 Social Networking Apps in Portugal: Q2 2024 Performance

In the second quarter of 2024, the top 5 social networking applications in Portugal demonstrated varied performance metrics in terms of downloads, revenue, and weekly active users. Here’s a detailed look at how each app fared:

Grindr - Gay Dating & Chat showed a steady revenue trend throughout the quarter, starting at approximately $8.1K and peaking at $9.2K in early May. Downloads fluctuated slightly, peaking at 902 in the week of May 6, while weekly active users remained relatively stable, averaging around 24K.

Sync.ME - Caller ID & Contacts had a mixed quarter. Revenue ranged from $3.5K to $4.8K, with a notable increase in the final week of June reaching $4.4K. Downloads saw a high of 7.8K in early April but generally trended downwards, closing the quarter at 6.2K. Active users showed an upward trend, reaching a peak of 63.8K by mid-June.

Telegram Messenger experienced a decline in downloads from 19.1K in early April to 14.5K by the end of June. Despite this, revenue showed a slight increase, ending the quarter at $3.7K. Weekly active users remained strong, averaging around 589K, with a peak of 614K in mid-June.

Discord - Talk, Play, Hang Out saw a drop in revenue from $4.1K in early April to around $3.3K by the end of June. Downloads fluctuated, peaking at 7.4K in early April and closing at 6.5K. Active users exhibited a minor decline, averaging around 450K throughout the quarter.

Skype maintained a relatively stable performance. Revenue hovered around $2.2K, with minor fluctuations. Downloads remained consistent, averaging around 1.4K per week. Weekly active users showed slight variations, averaging approximately 36K.

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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: June 2024