AI Insights · Timothy · October 2024
Top 5 Shopping Apps Performance in South America Q3 2024
Explore the performance of the top 5 shopping apps in South America during Q3 2024, with insights into downloads, active users, and revenue trends.
In the third quarter of 2024, the top shopping applications on the unified platform in South America showed varied performance trends. According to data from Sensor Tower, these apps have seen fluctuations in downloads, active users, and revenue, providing a snapshot of the competitive landscape in the region.
Temu: Shop Like a Billionaire demonstrated a consistent increase in weekly downloads, starting from around 3.3M in early July and peaking at approximately 4.3M by mid-September. Active users showed a similar upward trend, beginning at about 9.7M and reaching over 22M by the end of the quarter.
SHEIN - Shopping Online experienced a dynamic download trend, with numbers fluctuating between 1.3M and 1.6M throughout the quarter. The app's active users started at nearly 25M, dipped slightly in mid-August, and rebounded to approximately 24.3M by the end of September.
Mercado Libre: Compras Online maintained a stable pattern in downloads, ranging from 860K to over 1M. Active users showed slight variations, mostly hovering around the 33M mark, with minor fluctuations throughout the quarter.
Shopee Brasil - Frete Zero saw a decline in weekly downloads from over 920K at the start of July to about 570K by the end of September. Despite this, its active user base grew, reaching over 36M by the end of the period.
Amazon Shopping reported a significant spike in downloads in mid-July, hitting 1.3M, before settling to figures between 250K and 400K. Revenue showed a steady increase, peaking at approximately $72K by the end of September, while active users fluctuated around the 8M mark, with a noticeable increase towards the quarter's end.
For more detailed insights and data, visit Sensor Tower.