AI Insights · Timothy · October 2024
Top 5 Social Networking Apps in Nigeria Q3 2024: Unified Platform Performance
Explore the performance trends of the top five social networking apps in Nigeria during the third quarter of 2024, with insights into downloads, revenue, and active users.
In the third quarter of 2024, Telegram Messenger from Telegram FZ-LLC showed strong metrics in Nigeria. Weekly revenue displayed a significant upward trend, peaking at around $23.3K by the end of September. Downloads were robust, reaching a high of approximately 580K in early September. Active users also saw growth, climbing from 7.7M at the start of the quarter to a peak of 8M mid-September, before slightly declining to 7.6M by the end of the quarter.
微博 by SINA Corporation experienced modest revenue growth, with weekly earnings increasing to about $3.8K in early September. However, download numbers remained low, with a peak of just 637 during the quarter. Active users showed a slight fluctuation, reaching up to 3.1K mid-September before falling to 2.5K by the quarter's end.
Dingtone: Phone Calls + Texts from Sixapps Limited saw stable revenue throughout Q3, maintaining around $2.5K weekly. Downloads initially increased, peaking at 8.6K in mid-August, then declined to 5K by the end of September. Active users followed a similar pattern, starting at 60.6K, peaking at 65K in late August, and ending the quarter at 55K.
BIGO LIVE-Live Stream, Go Live from BIGO TECHNOLOGY PTE. LTD. had a dynamic quarter, with revenue spiking to $3.3K at the end of September. Downloads rose sharply, reaching over 53.9K in the final week. Active users consistently increased, starting at 238K and climbing to nearly 287K by the end of the quarter.
Finally, Vyke: Second Phone Number by Vyke Telecoms Limited showed a gradual increase in revenue, culminating at approximately $3.3K at the end of September. Downloads fluctuated, with a notable increase to 2.5K in the last week. Active users grew steadily, reaching nearly 22K by the quarter's close.
These insights are based on data from Sensor Tower, where more detailed analytics can be explored.