ooli@lemmy.world to Reddit@lemmy.world · 25 days agoReddit is profitable for the first time ever, with nearly 100 million daily userswww.theverge.comexternal-linkmessage-square3fedilinkarrow-up10arrow-down10cross-posted to: technology@beehaw.orgtechnology@lemmy.worldreddit@lemmy.world
arrow-up10arrow-down1external-linkReddit is profitable for the first time ever, with nearly 100 million daily userswww.theverge.comooli@lemmy.world to Reddit@lemmy.world · 25 days agomessage-square3fedilinkcross-posted to: technology@beehaw.orgtechnology@lemmy.worldreddit@lemmy.world
minus-squaresnooggums@lemmy.worldlinkfedilinkEnglisharrow-up0·25 days ago29.9 milliom in profit. 33.something million from data licensing agreements. Their profit is entirely from selling user data and what are the odds that it is a one time source of income now that new data is increasingly polluted by bot spam?
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29.9 milliom in profit. 33.something million from data licensing agreements.
Their profit is entirely from selling user data and what are the odds that it is a one time source of income now that new data is increasingly polluted by bot spam?