Top 5 Shopping Apps Performance in Panama: Q4 2024

The fourth quarter of 2024 showcased interesting trends for the top 5 shopping applications in Panama on a unified platform. Here's a breakdown of their performance based on Sensor Tower's data.

Temu: Shop Like a Billionaire saw its weekly downloads fluctuate throughout the quarter, beginning at around 22.7K and experiencing a mid-quarter dip before rising to approximately 20.6K by the end of December. Meanwhile, the app maintained a steady increase in weekly active users, culminating at about 108.9K.

SHEIN - Shopping Online experienced a varied download trend, with numbers peaking at 10.6K in mid-November and closing the quarter with about 9.6K downloads. Active users showed a positive trend, increasing from 204.2K to 226.2K by the end of the quarter.

Alibaba.com had a consistent performance in weekly downloads, with fluctuations around the 6K mark, peaking at 7.6K in late December. The active user base remained stable, hovering around 58K throughout the quarter.

Amazon Shopping showed stable weekly revenue, peaking at $35 in the final weeks. Downloads saw an increase towards the end of November, reaching 5K, while active users grew from 287.1K to 319.1K.

Costo Plus experienced a notable increase in downloads, particularly in mid-December with numbers reaching 6.4K, before stabilizing around 2.8K by the end of the month.

These insights reflect the dynamic nature of the shopping app market in Panama. For more detailed analytics and insights, visit Sensor Tower's website.