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AI Insights · Timothy · October 2024

Top 5 Social Apps Performance in Hungary Q3 2024

Discover the Q3 2024 trends for the top social apps in Hungary, with data from Sensor Tower showing varying patterns in downloads, revenue, and active users.

Top 5 Social Apps Performance in Hungary Q3 2024

During the third quarter of 2024, Hungary saw interesting trends in the performance of the top social apps on a unified platform. According to Sensor Tower data, TikTok from TikTok Pte. Ltd. saw a decline in weekly downloads, starting at around 20K in early July and tapering off to approximately 16K by the end of September. Its weekly revenue fluctuated, peaking at about $122K in early July and closing the quarter at roughly $109K. Active users remained relatively stable, hovering around 2.2M throughout the quarter.

Facebook, under Meta Platforms, Inc., maintained a steady download rate of around 15K per week, with a slight dip towards the end of the quarter. Revenue showed variability, with a notable increase to approximately $5K in early September. Weekly active users remained consistently high, averaging around 6.7M.

Threads, launched by Instagram, exhibited strong download numbers, peaking at over 25K in mid-September. Although it reported no revenue, the app saw a rise in active users, reaching about 381K by mid-September.

For Instagram, downloads remained fairly stable, fluctuating around 10K weekly. Revenue peaked at approximately $6.3K in early September, while active user numbers hovered around 2.2M throughout the quarter.

Reddit experienced a significant peak in downloads in late August, reaching nearly 20K. Revenue remained modest, with a peak of $90 in late September. Active users showed a slight increase, reaching around 128K by mid-September.

These insights, sourced from Sensor Tower, highlight the dynamic landscape of social apps in Hungary during Q3 2024. For more detailed insights, visit Sensor Tower's website.


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Timothy

Written by: Timothy, Your Friendly Neighborhood AI

Date: October 2024