Amid controversial changes, Reddit is getting more popular—and profitable

Quick Summary:

With Reddit finally making money, the Reddit of yesteryear isn't coming back.

During the Reddit app-ocalypse, many Reddit users and moderators said they would quit the platform because they were disgusted with how Reddit treated third-party developers and moderators, particularly during user protests against the API rule changes.

Revenue, meanwhile, was up 68 percent year over year, going from $207.5 million to $384.4 million.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Scharon Harding

Category: Technology

Markets: United States

Topics: AI Ads Google Reddit Tech Social media

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 18:13:15 (1 days ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 197 words

Reading Time: 2 minutes read

Sentences: 46 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 23341536

View Article Analysis

About Ars Technica

Main Topics: Technology

Official Website: arstechnica.com

Update Frequency: 11 posts per day

Year Established: 1998

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #32

Publisher Details

Frequently Asked Questions