this post was submitted on 29 Oct 2024
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Reddit says its daily users are up 47 percent year-over-year. Reddit just turned a profit for the first time. As part of its third-quarter earnings results released on Tuesday, the company reported a profit of $29.9 million, along with $348.4 million in revenue — a 68 percent increase year over year.

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[–] OpenStars@discuss.online 39 points 2 weeks ago (1 children)

It seems that they are, if he can manage to sell them as people to the advertising firms.

Fuck spez.

[–] Cort@lemmy.world 7 points 2 weeks ago (1 children)

Wasn't deleting bots to appease advertisers the thing Elmo had to do over at Twitter?

[–] OpenStars@discuss.online 11 points 2 weeks ago

I don't know how spez manages to do it - it seems fairly obvious to anyone paying attention.

Oh, this comment in one of the cross-postings seems relevant: https://lemmy.world/comment/13157556.