Rising Gas Prices Grow Demand for GasBuddy By 1,200%
This is a single insight from This Week in Apps #104 - This One's Going to Hurt!. Check out the full article for more insights.
Gas prices have been on the rise in recent months, and the situation in Russia has pushed prices even higher.
The hike in prices led hundreds of thousands of drivers right to their... phones!
Downloads of GasBuddy, a service that compares gas prices from different stations in your area so you can find the best price, jumped this week to the highest they've ever been, going from an average of 5K per day to 232K on Tuesday, according to our estimates.
The App Store was responsible for about 70% of those downloads on Tuesday and Google Play for the rest.
We saw something similar happen in May after hackers took over an important gas line, which drained many gas stations on the east coast. But that spike, which peaked at 172K downloads in a single day, is still a whole 34% lower.
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All figures included in this report are estimated. Unless specified otherwise, estimated revenue is always net, meaning it's the amount the developer earned after Apple and Google took their fee.
