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Reddit's Active U.S. Users Took a Dip, the last time Reddit will report (www.marketbeat.com)
submitted 2 days ago* (last edited 2 days ago) by schipelblorp@sh.itjust.works to c/watchredditdie@sh.itjust.works
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Article from August of this year (not too cancerous once you get through the first two splash screens).

Reddit shares DROPPED despite increase revenue. Why? Objective signs of enshittification:

  • declining active user base
  • massive increases in revenue.

People are leaving so the ones that remain must be more heavily monetized, which leads to more people leaving--the enshittification death spiral.

Reddit will no longer be reporting logged-in users as a separate metric lol

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[-] FoxAlive@lemmy.zip 3 points 2 days ago

You don't need clean data just numbers on a chart with blank promises for improvements.

[-] schipelblorp@sh.itjust.works 3 points 2 days ago* (last edited 2 days ago)

Oh, wow, this from the month before this article:

https://www.ibtimes.com/reddit-reportedly-not-renewing-ai-deal-google-its-stock-sinking-3805616

That would explain the sink in stock price. My article was probably ironically written by an AI without updated training data.

[-] FoxAlive@lemmy.zip 1 points 2 days ago* (last edited 2 days ago)

I never fully remember the source, or I might sometimes get the fact slightly wrong but generally speaking everything I say is backed up by a real source that I'm too lazy to even begin to think about looking up again.

[-] schipelblorp@sh.itjust.works 0 points 2 days ago

I'm the same way, but with the bible, so unless you were talking to God, I win.

this post was submitted on 16 Sep 2026
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