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Reddit revenue rises 20% ahead of IPO, but it isn’t profitable yet (www.businesstimes.com.sg)

submitted 9 months ago* (last edited 9 months ago) by [email protected] to c/[email protected]

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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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[–] [email protected] 4 points 9 months ago

So we were holding it back all the time and now once we were gone they can finally make some money?