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Daily active unique visitors rose 39% to 101.7 million in the fourth quarter for Reddit, but missed analysts' average estimate of 103.3 million, according to data compiled by LSEG. The growth has ...
(Reuters) -Reddit missed market estimates for daily active unique visitors in the fourth quarter on Wednesday, hit by changes in Google's search algorithm that impacted how often the social media ...
In addition to a miss on quarterly EPS, Reddit's daily active users in the December quarter hit 101.7 million, less than the 103.8 million expected.
On the social news site Reddit, some communities (known as "subreddits" or "subs") are devoted to explicit, violent, propagandist, or hateful material. These subreddits have been the topic of controversy, at times receiving significant media coverage.
Reddit (/ ˈ r ɛ d ɪ t / ⓘ) is an American social news aggregation, content rating, and forum social network. Registered users (commonly referred to as "Redditors") submit content to the site such as links, text posts, images, and videos, which are then voted up or down ("upvoted" or "downvoted") by other members.
Steve Huffman, Reddit's CEO. On April 18, 2023, Reddit announced it would charge for its API service amid a potential initial public offering. [6] Speaking to The New York Times ' Mike Isaac, Reddit CEO Steve Huffman said, "The Reddit corpus of data is really valuable, but we don't need to give all of that value to some of the largest companies in the world for free".
Reddit's traffic from Google was the low point from the company's Q4 results this week. But at the same time, the reason the company is getting more and more relevant hasn't gone anywhere.
Reddit, started in June 2005, is a social news website where users can submit articles and comments and vote on these submissions. The submissions are organized into categories called "subreddits". Unlike Digg, with Reddit, users can directly affect an article's score. An "upvote" will increase the score and a "downvote" will decrease it.