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Reddit's Active U.S. Users Took a Dip, the last time Reddit will report (www.marketbeat.com)
submitted 3 days ago* (last edited 3 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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[-] Boozilla@sh.itjust.works 9 points 2 days ago

Maybe the bigger story here is how all these fuckers hide their numbers. Streaming services and so on. It's all about fooling the suckers, er, investors.

[-] iocase@lemmy.zip 1 points 23 hours ago

Earnings Before I Trick Dumb Auditors

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

Streaming services do report their membership, just not what shows...

And I honestly don't trust this article I posted, could be AI; seems weird investors wouldn't want to know how many logged in users there are vs bots. Not knowing that would make reddit on par with a penny stock. It's crazy to me that Reddit would stop reporting logged in users, though, of course, they can massage that number as much as the SEC will let them, which given their cozy relationship with the corrupt Trump regime, is probably a good deal.

this post was submitted on 16 Sep 2026
197 points (99.5% liked)

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