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.

  • Abrinoxus@thelemmy.clubSvenska
    0·
    24 days ago

    Of course they are having more users not just necessarily human users. Hope the advertisers get good value for what they spend /sarcasm