Reddit revenue rises 20% ahead of IPO, but it isn’t profitable yet (www.businesstimes.com.sg)

submitted 2 years ago* (last edited 2 years ago) by CoffeeAddict@kbin.social to c/RedditMigration@kbin.social

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REDDIT posted a more than 20 per cent rise in revenue in 2023 versus the year before, sources familiar with the situation said, as it prepares for one of the United States’ most anticipated potential initial public offerings (IPOs).

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[-] jeena@jemmy.jeena.net 3 points 2 years ago

So we were holding it back all the time and now once we were gone they can finally make some money?

this post was submitted on 06 Feb 2024

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