Chinese tech giant Huawei said Friday it "weathered the storm" of US sanctions as it announced a rise of almost nine percent in revenues in 2023, a year that saw it shock Washington with the release of a high-end smartphone.
12.12.2023 - 17:37 / techcrunch.com
Temu, the Chinese e-commerce company whose app is now attracting longer engagement times than Amazon, is Apple’s most downloaded free app in the U.S. for 2023. The Cupertino-based tech giant today released an App Store feature that showcases the top iPhone apps of the year, free and paid, as measured by app installs — its proxy for overall popularity. This year, apps from Chinese-based companies have taken over spots previously held by U.S. tech giants like Meta and Google, as CapCut and TikTok, which hail from Beijing-based ByteDance, came in at No. 3 and No. 5, respectively.
Meta, which last year held the No. 3, No. 4, and No. 9 spots with WhatsApp, Instagram, and Facebook, respectively, showed up in the top 10 this year with a slightly different mix. Gone from the charts is Facebook, while Meta’s new app Instagram Threads was the No. 3 app by U.S. downloads. Instagram and WhatsApp followed at No. 6 and No. 9, slipping in position from their ranking last year.
Google, meanwhile, had dominated last year’s list with the No. 2 app YouTube, just behind TikTok, as well as No. 5 Google Maps, No. 6 Google Search and No. 7 Gmail. In 2023, however, Google’s only two apps in the top 10 by downloads included No. 7 Google Search and No. 8 YouTube, both also slipping in ranking from last year.
The shift in downloads could represent that U.S. tech giants are nearly at a market saturation point, where their apps aren’t as in demand as they were in previous years because many already have them installed. It also points to the growing demand for apps from Chinese firms, like ByteDance, which are attracting younger users’ attention along with government scrutiny, with TikTok being banned froma number of government devices over concerns about its China ties. Montana also attempted to ban TikTok in its state, but that ruling was put on hold by the courts for the time being as TikTok’s lawsuit progresses.
The negative attention TikTok has received in the year may account for its slip from being the No. 1 app last year to now the No. 5 app. But U.S. consumers haven’t sworn off Chinese apps by the looks of things, given Temu’s No. 1 position. Data from Apptopia, reported by Bloomberg, noted that consumers were spending 18 minutes per day in Temu’s app, compared with 10 minutes in Amazon. Younger users spent even higher amounts of time, at 19 minutes per day, on average. While Temu attracts users with in-app games, its real draw may be its bargain prices — which have more of an appeal during an economic downturn. It’s also a heavily-marketed app, just as TikTok was in the months leading up to its No. 1 ranking last year.
The only other top app in the list not from Meta, Google, or a Chinese firm was Max (formerly HBO Max),
Chinese tech giant Huawei said Friday it "weathered the storm" of US sanctions as it announced a rise of almost nine percent in revenues in 2023, a year that saw it shock Washington with the release of a high-end smartphone.
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