AI Insights · Timothy · October 2024
Top Social Apps Performance in Paraguay in Q3 2024
In Q3 2024, TikTok, Instagram, Facebook, Threads, and Bigo Live showed varied performance trends in Paraguay, with TikTok leading in downloads and revenue.
In the third quarter of 2024, TikTok continued to dominate the social app landscape in Paraguay. Its weekly revenue showed a consistent upward trend, starting around $6.6K in July and peaking at approximately $7.2K in early September. TikTok's downloads also fluctuated significantly, peaking at 97K in mid-August, before declining to around 51K by the end of September.
Instagram experienced a moderate increase in revenue throughout the quarter, starting at roughly $1K and reaching $1.3K by the end of September. Download figures were more volatile, with a high of 60K in mid-August and a low of approximately 32K in the last week of September.
Facebook maintained relatively stable revenue figures, fluctuating between $227 and $409 during the quarter. Downloads varied more noticeably, with a peak of 37K in mid-August and a decrease to about 23K by late September.
Threads did not generate any revenue but saw a steady download trend, peaking at 26K in mid-August before declining to 20K by the end of the quarter.
Lastly, Bigo Live - Live Streaming App recorded a modest revenue range from $56 to $101. Downloads spiked dramatically from a low of 424 in mid-August to a high of 59K in late September.
These insights are based on data from Sensor Tower, where you can find more detailed information on the performance trends of these top social apps.