Reddit Sales Growth Slowdown Preceded Fight Over New API Fees
www.theinformation.com
A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Reddit’s revenue rose 38% in 2022 to about $670 million last year, two people familiar with the matter said, faster than many other internet ad firms but a steep slowdown from the ...

A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Reddit’s revenue rose 38% in 2022 to about $670 million last year, two people familiar with the matter said, faster than many other internet ad firms but a steep slowdown from the …

  • rainfern@lemmy.worldEnglish
    10·
    1 year ago

    I mean sure, good news is always welcome, but if I’m bombarded by a website by cookie request, download the app AND fullscreen newslettersignup popups… I’m out. Jesus christ.

    • Killer@lemmy.worldEnglish
      3·
      1 year ago

      For real, it got to the point that it is literally unuseable in browser on mobile