Reddit reports 69% jump in revenue, topping analyst estimates. CEO Steve Huffman says the goal is to reach 100 million daily U.S. users

I bet in a decade it comes out that all of this is just bot generated traffic designed to impress advertisers.

Reminds me of the dude on YouTube music that scammed a bunch of money by having bots make music then had bots listen to the music....

They heydey of Reddit was yeeeeears ago Steveo, enjoy your yacht you piece of shit

Reddit’s global daily active unique users, or DAUq, rose 17% year-over-year to 126.8 million for the quarter, ahead of analyst estimates of 125.9 million. The company’s U.S. specific DAUq came in at 53.5 million in the first quarter, representing a 7% year-over-year increase.

And they're not bots. Believe!

Exodus to the Lemmiverse in 3,2,1....

After years of making people leave, suddendly they want people?

Awwwww too bad there's the fediverse - Lemmy and the PieFed thing, which are so much better than Reddit could have ever been!!

It wouldnt surprise me if King Steven gamed the numbers to specifically show that (nice!) revenue percentage.

I still look at some subs over there; when I click on pics now, I'm taken to the app version. My god, the ADS--!!

100 million daily bot users? Because the normal people just get banned randomly.

Never happen at the rate they are banning people for nothing... Myself included.

Oh wait, bots, thats how they will do it.

It's probably because so much of the moderation is AI slop now, lol, I've made fun of MAGA voter logic and gotten my posts removed for "bigotry," and then my appeals get denied or just flat out ignored.

Funny how when I report legitimate transphobic comments, they somehow "don't break content policy," but if I complain about bigotry that I've faced, I'm the bad guy. Unless making fun of bigots is the "true" bigotry?