Why Reddit Is Blowing Up

Răzvan Botea

Photo-Illustration: Intelligencer Reddit’s first year as a publicly traded firm is going great. The company, which is nearly 20 years old, shared an extremely strong earnings report this week: Revenue is up 68% year-over-year, daily active unique visitors are up 47%, an Reddit turned a profit for the first time in its history. The earnings exceeded analyst expectations and the stock price shot up more than 40%. Reddit had no shortage of other good numbers to share. Ad revenue increased 56% year-

Why Reddit Is Blowing Up https://nymag.com/ - 31.10.2024 22:19

din zilele anterioare

Why Reddit Is Blowing Up https://nymag.com/ - 31.10.2024 22:19