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.
cross-posted from: https://lemm.ee/post/46100822
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.