AI Insights · Timothy · October 2024
Top 5 Social Networking Apps in Saudi Arabia Q3 2024 Performance
Explore the performance trends of the top social networking apps in Saudi Arabia during Q3 2024, with insights on downloads, revenue, and user engagement.
During the third quarter of 2024, the social networking app landscape in Saudi Arabia showcased varied performance trends across the top five applications, according to Sensor Tower data.
Tango - Live Stream, Go Live from TangoMe, Inc. saw its weekly revenue fluctuate, peaking at around $187K in late August. Downloads showed a mild rise, reaching approximately 24K at the end of September. The app maintained a robust active user base, starting at around 380K and closing the quarter with over 405K active users.
Azar: 1 on 1 Video Chat Online by Hyperconnect LLC experienced a gradual decline in weekly revenue, starting from about $98K and settling slightly above $72K by the end of September. Downloads decreased moderately, fluctuating between 9.7K and 6.4K. The app's active users declined from 130K to approximately 108K.
SUGO: Live Voice Chat Party from MOBILE ALPHA LIMITED had a diverse quarter with revenue peaking at around $85K in late August and ending the quarter at about $82K. Downloads initially decreased but recovered towards the end, reaching about 20K. Active users showed a slight increase, closing the quarter at approximately 80K.
BIGO LIVE-Live Stream, Go Live by BIGO TECHNOLOGY PTE. LTD. had a dynamic quarter, with revenue starting at $114K, dipping mid-quarter, and rising back to $113K by September's end. Downloads decreased steadily from 46K to 30K. However, the app maintained a strong active user base, ending the quarter with around 660K users.
Minichat - video chat, texting by Crescentaxis Inc. saw a relatively stable revenue trend, peaking at $53K in early July and closing at $47K. Downloads fluctuated, starting at 19K and ending the quarter around 11K. Active users showed resilience, peaking in early September with over 101K and closing the quarter at approximately 95K.
These insights provide a snapshot of the competitive social networking app market in Saudi Arabia during Q3 2024. For more detailed analysis and data, visit Sensor Tower.