Funding Details
- Awarder
- RSS - feeds.arstechnica.com
- Date Award
- August 07, 2024
- Vertical
- Social Media
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2005
- Traction
- Reddit saw its daily active unique user count increase by 51 percent year over year in Q2 to 91.2 million.
- Revenue Amount
-
$253,100,000
- Organizations Involved
- Advance Publications
- Founders
- Steve Huffman, Alexis Ohanian, Aaron Swartz
- Company Description
- Reddit is a social media platform that allows users to post content, engage in discussions, and share information across various communities known as subreddits. The company is exploring new monetization strategies, including increasing ad placements and potentially introducing paywalled content, while maintaining its core community-driven ethos.
- Market
- Online Advertising
- Location
-
San Francisco,
CA,
US
Links