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Hey Adam,

Happy Friday 😎 

 

If you missed last week’s action-packed newsletter, you can check it out here.

Business
tesla-1
Mobile Signal
 
Tesla (TSLA) is scheduled to report earnings on 7/20. Downloads of its mobile app are up 89% YoY and 28% QoQ. Dive deeper into TSLA with a free trial of our Bloomberg Terminal App.
 
 
 
den
App Acquisition
 
Careem has acquired Denarii Cash, a peer-to-peer payments app. The app has been downloaded about 107k times since launch in March 2018.
Musings
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Still kicking around

Last mile transportation apps, often for scooters and bikes, are used much more in the summer months than any other time of year as parts of the United States are too cold for high numbers of unenclosed travelers. Downloads of scooter and bike apps in June 2022 were back up over 2020 and 2021 levels but still below those of 2018 and 2019, when these apps were all the rage. Daily active users of scooter/bike apps are on pace to hit an all-time high this month.

 
 
 
coupon rewards@2x
 
Out of season savings

We're talking about apps like Fetch, Ibotta, Flip, Rakuten, Honey, etc. These apps have a strong seasonality to them, and that is the holiday season. However, with the current economic conditions in the United States, Apptopia is seeing an unseasonable rise in their usage. We also know that among top grocery store apps, user reviews mentioning the word "coupon" shot up 75% from April to May.

Insights & Updates
Airline loyalty is up for grabs amidst cancellations
 
Airlines with higher cancellations are seeing an increase in DAUs just to get ghosted by them - those users are moving on to download other airline apps in hopes of a better experience.
 
 
 
Fast food and membership club apps are benefiting from inflation more than other retail sectors
 
The current economic conditions in the U.S. are changing consumer preferences in retail. Apptopia data lends insight into the impact.
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Get the data that Google, Facebook,
Naspers, and Unity use every day.
 
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Adam Blacker
VP, Insights
 
ablacker@apptopia.com
@AdamBlacker25