From BigGo Finance · BigGo Finance · · 1m 10s
South Korea's Tving MAU Drops 5.2% to 9.47M
Tving's monthly users fall below 10 million threshold after data breach compensation claims fade.
In brief
Tving's monthly users fall below 10 million threshold after data breach compensation claims fade. Tving's October MAU dropped 5.2% to 9.47 million, retreating from the 10 million threshold as data breach compensation claims faded. Originally reported by BigGo Finance.
Tving MAU Falls 5.2%
Tving's October monthly active users dropped 5.2% to 9,475,361 on Mobile Index, retreating from the 10 million threshold.
September Spike Faded
The September spike in users, driven by data breach compensation claims, faded within a month.
Wavve Gains 8.5%
Wavve added 8.5% users on the back of original content and expanded sports coverage.
Netflix Gains 1.6%
Netflix rose 1.6% in October, gaining users through original content releases.
Tving's Q3 Loss
Tving swung to an operating loss of 7.2 billion won (approximately $5.3 million) in the third quarter.
Data Breach Compensation
Tving's data breach compensation claims extended from October 6 to October 30, requiring users to verify identities.
Wavve New Installs
Wavve recorded 290,000 new app installs in October, its highest since January 2023.
Tving's User Gap
Tving's October MAU rose 24% year-on-year but widened the gap with Coupang Play to 800,000 users.
Here's the gist
Tving's October MAU dropped 5.2% to 9.47 million, retreating from the 10 million threshold as data breach compensation claims faded.
