SHAREit is a one-stop content application that has grown to become one of the world’s leading online and offline platforms, providing digital users with gaming, content streaming, and file-sharing capabilities.
SHAREit is ranked eighth most downloaded mobile application in the Philippines and sixth by monthly active users, according to “AppAnnie’s The State of Mobile 2021 Report”. The platform recorded a growth rate of 160% in in-app installs between January and June 2020.
SHAREit’s global success is founded on its loyal user base of 1.8 billion users worldwide, and its strong presence in over 200 countries. Of SHAREit’s 500 million monthly active users, 125 million users are in Southeast Asia.
Exceptional Growth
Adapting to digital transformation has been a key driver given the restrictions posed by the ongoing pandemic. Such transformation has included the switch to online learning and the increased reliance on digital platforms used for almost everything – from conducting business to paying bills and buying groceries.
The application has seen a 15% month on month increase in daily active users since the lockdown began last March, and now has close to 40 million monthly active users in the Philippines, surpassing leading apps like Viber and Spotify. This increase in usage can be attributed to SHAREit’s unique strengths firstly as a one-stop app for content discovery, entertainment and peer-to-peer file sharing, and secondly, as a platform that users can enjoy both offline and online. Coming from an offline social network, SHAREit helps the transition from offline to online among its users, enabling app developers to reach both existing and potential new users – even those on patchy internet networks.
Philippines Expansion
SHAREit’s Philippines team is focused on driving growth for local businesses and allowing brands to capitalize on SHAREit’s massive reach while adapting to the unique preferences and demands of its user base in the Philippines.
Two local brands that have already benefited from partnering with SHAREit include fintech leader GCash and social live-streaming platform, Kumu. Our plans now are to continue to refine the app’s user experience, and to invest in solutions that help local brands scale their user base and digital reach through exposure on the SHAREit app,” said Liza Dominguez.
As the Philippines emerges from the economic and social effects of the pandemic, SHAREit’s agility and unwavering focus on meeting its users’ content discovery and sharing needs will enable it to continue this remarkable growth story. SHAREit looks forward to helping its Philippines users and local partners alike adapt and thrive in this new digital landscape.
