Reddit is profitable for the first time ever, with nearly 100 million daily users
Reddit is profitable for the first time ever, with nearly 100 million daily users
www.theverge.com Reddit is profitable for the first time ever, with nearly 100 million daily users
Reddit is getting bigger.
Reddit says its daily users are up 47 percent year-over-year. Reddit just turned a profit for the first time. As part of its third-quarter earnings results released on Tuesday, the company reported a profit of $29.9 million, along with $348.4 million in revenue — a 68 percent increase year over year.
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24 comments
Of course they are having more users not just necessarily human users. Hope the advertisers get good value for what they spend /sarcasm
24 comments