Reddit Migration

21 readers

2 users here now

### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

founded 1 year ago

Reddit revenue rises 20% ahead of IPO, but it isn’t profitable yet (www.businesstimes.com.sg)

submitted 9 months ago* (last edited 9 months ago) by CoffeeAddict@kbin.social to c/RedditMigration@kbin.social

14 comments fedilink hide all child comments

REDDIT posted a more than 20 per cent rise in revenue in 2023 versus the year before, sources familiar with the situation said, as it prepares for one of the United States’ most anticipated potential initial public offerings (IPOs).

you are viewing a single comment's thread
view the rest of the comments

[–] jeena@jemmy.jeena.net 3 points 9 months ago

So we were holding it back all the time and now once we were gone they can finally make some money?