fromThe Motley Fool
3 days agoPrediction: Reddit Will Be a Millionaire-Maker Stock | The Motley Fool
Reddit went public in 2024, nearly 20 years after the social media site launched. The company has been slow to monetize its massive user base, but that effort is now kicking into high gear. Reddit generated $465 million in revenue from advertising in the second quarter, up 84% year over year, as it grew its user base and invested in its advertising platform.
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