Reddit sales growth slowdown preceded fight over new API fees
Reddit sales growth slowdown preceded fight over new API fees
A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Reddit’s revenue rose 38% in 2022 to about $670 million last year, two people familiar with the matter said, faster than many other internet ad firms but a steep slowdown from the ...
A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Reddit’s revenue rose 38% in 2022 to about $670 million last year, two people familiar with the matter said, faster than many other internet ad firms but a steep slowdown from the ...
I mean sure, good news is always welcome, but if I'm bombarded by a website by cookie request, download the app AND fullscreen newslettersignup popups... I'm out. Jesus christ.
For real, it got to the point that it is literally unuseable in browser on mobile
Is there a bot which would copy paste from article to comment section?
How is it these huge companies fail to realize that they had a killer year due to covid putting more people online? You aren't going to match it no matter what.
But what about if they use ai to create some ar for their vr set? Surely that will bring everyone back.
That might not be enough, better mint it into an NFT and put it in a self driving car.
Searched for the headline, found one or two copies? Looks like the article is either only a single paragraph or that's all they're gonna show. Either way, here it is:
A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth.
Reddit’s revenue rose 38% in 2022 to about $670 million last year, two people familiar with the matter said, faster than many other internet ad firms but a steep slowdown from the more than doubling of revenue the company experienced in 2021 over 2020.