A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Reddit’s revenue rose 38% in 2022 to about $670 million last year, two people familiar with the matter said, faster than many other internet ad firms but a steep slowdown from the …

  • @rainfern
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    401 year ago

    I mean sure, good news is always welcome, but if I’m bombarded by a website by cookie request, download the app AND fullscreen newslettersignup popups… I’m out. Jesus christ.

    • @Killer
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      121 year ago

      For real, it got to the point that it is literally unuseable in browser on mobile

      • @frostphunk
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        1 year ago

        Is there a bot which would copy paste from article to comment section?

  • @Toasteh
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    181 year ago

    How is it these huge companies fail to realize that they had a killer year due to covid putting more people online? You aren’t going to match it no matter what.

    • @MercuryUprising
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      51 year ago

      But what about if they use ai to create some ar for their vr set? Surely that will bring everyone back.

      • Sparking
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        31 year ago

        That might not be enough, better mint it into an NFT and put it in a self driving car.

  • SCmSTR
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    71 year ago

    Searched for the headline, found one or two copies? Looks like the article is either only a single paragraph or that’s all they’re gonna show. Either way, here it is:

    A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth.
    Reddit’s revenue rose 38% in 2022 to about $670 million last year, two people familiar with the matter said, faster than many other internet ad firms but a steep slowdown from the more than doubling of revenue the company experienced in 2021 over 2020.