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AI Insights · Timothy · October 2024

Top News and Magazines Apps in South Africa Q3 2024

Explore the performance trends of the leading news and magazines apps in South Africa during Q3 2024, highlighting downloads, revenue, and active user metrics.

Top News and Magazines Apps in South Africa Q3 2024

In the third quarter of 2024, the top news and magazines applications in South Africa displayed varied performance metrics, with notable insights on weekly downloads, revenue, and active users. This analysis is based on data from both iOS and Android platforms, as provided by Sensor Tower.

News24: Trusted News. First saw its weekly revenue peak at approximately $19.5K in the second week of July, following a fluctuating pattern throughout the quarter. Downloads showed a modest decline, starting at around 1K in early July and tapering to just under 930 by the end of September. The app's active users also experienced a downward trend, decreasing from around 61.7K at the beginning of the quarter to approximately 54.9K by the end.

Netwerk24 – Alles op een plek! recorded a gradual increase in weekly revenue, reaching about $13.2K in early August. Downloads peaked at around 850 in mid-August, before gradually declining to around 440 by the end of the quarter. Active user data was not available for this app during the period.

For Magzter: Magazines, Newspapers, revenue fluctuated with a peak of approximately $2.8K in late July. Downloads remained relatively steady, averaging around 200 per week, while active users hovered around 1.1K throughout the quarter, showing minimal variation.

Medium experienced a revenue peak of about $1.6K in late September. Weekly downloads exhibited a slight decline from around 530 at the start of July to approximately 360 by the end of September. Active users showed a mild decrease over the quarter, starting at 2.15K and ending at around 1.9K.

Finally, Bloomberg: Finance Market News demonstrated notable revenue growth, reaching a peak of approximately $4.5K in mid-July. Downloads were highest in early September at around 590 but decreased to about 310 by the end of the quarter. Active users increased from approximately 2.34K at the start of July to a peak of 2.67K in mid-September before settling at around 2.44K by the end of the quarter.

For more insights and a detailed breakdown of these apps' performances, visit Sensor Tower.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024