Reddit Migration

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

submitted 8 months ago* (last edited 8 months ago) by CoffeeAddict@kbin.social to c/RedditMigration@kbin.social

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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).

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[–] originalucifer@moist.catsweat.com 6 points 8 months ago

id like to see another wave. theres a much larger footprint to absorb it than there was 6-7 months ago.