ZeroCool@slrpnk.net to Reddit@lemmy.mlEnglish · 2 years agoReddit has never turned a profit in nearly 20 years, but it just filed to go public anywayedition.cnn.comexternal-linkmessage-square12fedilinkarrow-up1175arrow-down13
arrow-up1172arrow-down1external-linkReddit has never turned a profit in nearly 20 years, but it just filed to go public anywayedition.cnn.comZeroCool@slrpnk.net to Reddit@lemmy.mlEnglish · 2 years agomessage-square12fedilink
minus-squareProtonBadger@kbin.sociallinkfedilinkarrow-up7·edit-22 years agoThere was no blowup, Reddit both received more funding and their advertising earnings increased. A 21% revenue growth in 2023, I’d say also active user growth but I’m not entirely sure.
There was no blowup, Reddit both received more funding and their advertising earnings increased. A 21% revenue growth in 2023, I’d say also active user growth but I’m not entirely sure.