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Reddit is profitable for the first time ever, with nearly 100 million daily users.

⁨23⁩ ⁨likes⁩

Submitted ⁨⁨6⁩ ⁨months⁩ ago⁩ by ⁨Dot@feddit.org⁩ to ⁨technology@lemmy.world⁩

https://www.theverge.com/2024/10/29/24283056/reddit-earnings-user-growth-revenue-up

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Comments

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  • halfapage@lemmy.world ⁨6⁩ ⁨months⁩ ago
    [deleted]
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    • BMTea@lemmy.world ⁨6⁩ ⁨months⁩ ago

      25% Pentagon/Kremlin/Israeli/Indian bot farms.

      25% AI and Marketing sock puppets, content farms.

      50% users.

      source
  • hendrik@palaver.p3x.de ⁨6⁩ ⁨months⁩ ago

    Uh, nice. Seems fucking over their users and moderators turned out well for them.

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    • db2@lemmy.world ⁨6⁩ ⁨months⁩ ago

      It was the only way they’d get away with scamming advertisers with bot impressions.

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      • hendrik@palaver.p3x.de ⁨6⁩ ⁨months⁩ ago

        All is well that ends well? *caugh*

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  • elidoz@lemmy.ml ⁨6⁩ ⁨months⁩ ago

    I have no idea why you are getting downvoted

    shooting the messenger isn’t that useful

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    • deegeese@sopuli.xyz ⁨6⁩ ⁨months⁩ ago

      You know damn well Lemmy downvotes news they don’t like same as Reddit does.

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  • jeena@piefed.jeena.net ⁨6⁩ ⁨months⁩ ago

    And all it took was getting rid of us.

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  • Death_Equity@lemmy.world ⁨6⁩ ⁨months⁩ ago

    It’s like finding out an abusive ex married into money.

    source