Reddit reported its third-quarter earnings on Tuesday. The site showed a profit for the first time, surprising analysts, with a net income of $29.9 million. Reddit’s user base is also growing, up ...
Reddit is expanding its moderation tools and building stronger abuse prevention systems that it says could eventually reduce communities’ reliance on karma and account-age requirements, making it ...
In 2021, Reddit’s first IPO attempt fizzled, but now it’s ready to try again by riding the wave of generative AI hype. After Reddit changed the terms of agreements for access to its API last year, ...
Reddit on Thursday filed to go public. Its market debut will mark the first major tech initial public offering of the year and the first social media IPO since Pinterest went public in 2019. The ...
In an interview on the New York Stock Exchange trading floor ahead of Reddit’s market debut on Thursday, chief executive Steve Huffman acknowledged that the mischievous retail investors that ...
Reddit’s profit surged in its latest quarter as double-digit growth in ad revenue boosted sales. The social media company on Thursday posted a first-quarter profit of $204 million, or $1.01 a share, ...