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 ...
7 Comments
rainfern@lemmy.world · 40 pts · 3y
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@lemmy.world · 12 pts · 3y
For real, it got to the point that it is literally unuseable in browser on mobile
frostphunk@lemmy.world · 6 pts · 3y
Is there a bot which would copy paste from article to comment section?
Toasteh@lemmy.world · 18 pts · 3y
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@lemmy.world · 5 pts · 3y
But what about if they use ai to create some ar for their vr set? Surely that will bring everyone back.
spark947@lemm.ee · 3 pts · 3y
That might not be enough, better mint it into an NFT and put it in a self driving car.
SCmSTR@kbin.social · 7 pts · 3y
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.