Reddit revenue rises 20% ahead of IPO, but it isn’t profitable yet
businesstimes.com.sg
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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Looks like the enshittification is about to get even worse than it was. Perhaps we might see another exodus to lemmy/kbin once this happens?
id like to see another wave. theres a much larger footprint to absorb it than there was 6-7 months ago.
Don't forget Piefed, the new member of the family.