Newly public Reddit has to level up its performance-driving products, and–after 20 years–figure out how to more fully monetize its signal-rich chat-based content. Reddit’s long-awaited IPO values the platform at $ 6.5 billion on 2023 revenues of $ 804 million (98% driven by ads), with a loss of almost $ 91 million. While it’s growing, it missed its…
Adweek Feed
In a world where nearly everyone is always online, there is no offline.
More Stories
Warner Bros. Discovery CEO David Zaslav Receives $51.9 Million Pay Package for 2024
TikTok Fave Duolingo Boosts YouTube Shorts Viewership 430% in One Year
Streaming Ratings, Week of March 10: Disney+ Sails to the Top Courtesy of Moana 2