Reddit for Business on LinkedIn: Today, Reddit, Inc. announced its Q2 Earnings; our second quarterly… (2024)

Reddit for Business

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Today, Reddit, Inc. announced its Q2 Earnings; our second quarterly financial results since becoming a public company in March 2024. In Q2 we:- Achieved strong user growth as Weekly Active Uniques grew to an all-time high of 342M (+57% YoY)- Continued to invest in full-funnel capabilities for advertisers, with total revenue increasing to $281M (+54% YoY)- Launched Dynamic Product Ads, a significant milestone in our direct response ads business- Acquired Memorable AI, bringing new Gen-AI campaign creation tools to advertisers- Launched a content partnership program with the NFL, NBA, MLB, PGA & NASCARAs we look to the future, we’re excited to:- Scale machine translation to more international markets- Continue improving search on Reddit with new formats & landing pages- Expand the ability for users to create & earn money on RedditLearn more at: https://lnkd.in/gk2NuBVH

  • Reddit for Business on LinkedIn: Today, Reddit, Inc. announced its Q2 Earnings; our second quarterly… (2)

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Seven Shurygin

🇺🇸🇺🇦 Founder of @Sprocket Bike Marketplace App. Register to vote.gov for Kamala Harris 🥥🇺🇸

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Can you please make it so business accounts don’t get arbitrary banned by random mods?Surely this will be good for business and Wallstreet 🙂💚

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