AI Insights · Timothy · October 2024
Top 5 Social Apps in Australia Q3 2024: Performance Review
Explore the performance of the top 5 social apps on a unified platform in Australia during Q3 2024, highlighting trends in downloads, revenue, and active users.
In the third quarter of 2024, the top social apps in Australia showed varied performance trends on a unified platform, according to data from Sensor Tower.
Threads experienced a notable increase in weekly downloads, starting with approximately 67K in early July and peaking at around 119K by mid-September. The app also maintained a strong active user base, growing from 1.8M to over 2M by the end of September.
TikTok saw a steady rise in weekly revenue, reaching a high of about $783K in mid-August. However, its weekly downloads showed a slight decline, starting at roughly 68K and dropping to around 54K by the end of the quarter. The active user count remained robust, fluctuating around 5.5M.
Facebook demonstrated consistent growth in both revenue and downloads. Revenue increased gradually, ending the quarter at approximately $61K. Downloads peaked in early August at 54K. The app's active user base remained stable, hovering around 18.5M throughout the quarter.
Instagram showed a steady revenue stream, peaking at around $77K by the end of September. Weekly downloads were fairly consistent, with a slight peak of 52K in early August. The active user numbers exhibited a gradual increase, reaching approximately 8.8M by late September.
Lastly, Reddit had moderate performance with its revenue fluctuating around $2.5K. Downloads experienced a peak of 34K in late July, while active users remained stable, closing the quarter at roughly 1.6M.
For more insights and comprehensive data, visit Sensor Tower.
