App EconomyDatingSports BettingTravel Mobile apps outperforming in 2Q: LYFT | DKNG | MTCH | EXPE | BABA May 17, 2024 Tom Grant May 17, 2024 This was first published May 16, in our weekly newsletter Apptopia Insight. To receive insights like this weekly, sign up here. Apps outperforming in 2Q – Lyft (LYFT) downloads up +18% YoY, accelerating in May DraftKings (DKNG) jumps to +37% YoY and outperforms peers – playoffs, Kentucky Derby driving growth Hinge (MTCH) downloads growth accelerating to double digits – growing while dating app peers trending weaker Expedia (EXPE) turns positive, up to +40% YoY in the most recent week AliExpress (BABA) downloads exploding in 2Q, up over +100% in most recent week Lyft (LYFT) – Lyft downloads are reaccelerating in May, up to +16% year-over-year in the most recent week. Download growth ended 1Q strong and continues to trend positively in 2Q. DraftKings (DKNG) – DraftKings downloads picked back up in May, jumping to +33% in the most recent week. Growth could be driven by playoff sports, with the acceleration aligning with postseasons, and was also aided by a spike in downloads due to the Kentucky Derby. DraftKings looks to be outperforming peers in 2Q (Fanduel +16% YoY in May). Hinge (MTCH) – Hinge downloads are trending positively, up to +14% YoY in the most recent week. Downloads have accelerated in recent weeks, and are outperforming peers (both Tinder and Bumble seeing negative downloads in 2Q, with trends deteriorating). Expedia (EXPE) – Expedia app downloads jumped in May after a slow April – up to +40% YoY in the most recent week. VRBO downloads also flipped positive after trending negatively in 1Q. AliExpress (BABA) – AliExpress downloads have been on fire in 2Q – jumping up to +119% YoY in the latest week. Download growth has ramped throughout the quarter. Questions on the underlying data included in this analysis? Data request Tom Grant