this post was submitted on 14 Jun 2023
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[โ€“] impulse@lemmy.world 0 points 1 year ago (1 children)

Why would you buy a company to run it at a loss plus however many millions you paid for it?

Google has mastered aggregating data over decades, they don't need to own a website to get the data they want, Reddit much like any other website uses Google Analytics anyway.

[โ€“] ShakeThatYam@lemmy.world 1 points 1 year ago

They technically did that with YouTube, but you're probably right. They are in a much different position as a company.