We’ve acquired Video Game Insights (VGI)!
In the second quarter of 2024, the US shopping app sector has shown varied performance trends across the top 5 apps on the unified platform, as reported by Sensor Tower. Here's a brief overview of their downloads and active user statistics.
Temu: Shop Like a Billionaire saw a significant upward trend in downloads, starting at 842K in the first week of April and peaking at 1.8M by late June. Weekly active users also increased, from 21M to over 25M by the end of the quarter.
SHEIN - Shopping Online experienced a fluctuating download trend, with an initial 1.3M downloads in the first week of April, dipping to 725K in June, and then slightly recovering to 795K. The app's active users showed resilience, with a low of 15.9M, climbing to a high of 18.2M in the same period.
Walmart: Shopping & Savings maintained a stable download rate, ranging from 348K to 400K across the quarter. The app's weekly active users saw a peak of 12.2M in June, indicating steady engagement.
Amazon Shopping showed consistent revenue growth, with earnings starting at $2.3M in the first week of April and reaching $3.1M in mid-June. Downloads remained stable, with around 350K to 390K weekly, and active users increased from 44.8M to 46M, the highest among the top 5.
AliExpress Shopping App downloads were quite consistent, with a slight peak of 295K in late June. Weekly active users saw a dip in mid-May to 4.5M but rebounded to 5.1M in early June, showing a recovery in user engagement.
For more detailed insights and data, Sensor Tower's platform offers an extensive look into the app market performance.