Reddit reports 69% jump in revenue, topping analyst estimates. CEO Steve Huffman says the goal is to reach 100 million daily U.S. users

I still look at some subs over there; when I click on pics now, I’m taken to the app version. My god, the ADS–!!

I bet in a decade it comes out that all of this is just bot generated traffic designed to impress advertisers.

Reminds me of the dude on YouTube music that scammed a bunch of money by having bots make music then had bots listen to the music…

They heydey of Reddit was yeeeeears ago Steveo, enjoy your yacht you piece of shit

Reddit’s global daily active unique users, or DAUq, rose 17% year-over-year to 126.8 million for the quarter, ahead of analyst estimates of 125.9 million. The company’s U.S. specific DAUq came in at 53.5 million in the first quarter, representing a 7% year-over-year increase.

And they’re not bots. Believe!

Exodus to the Lemmiverse in 3,2,1…

It wouldnt surprise me if King Steven gamed the numbers to specifically show that (nice!) revenue percentage.

After years of making people leave, suddendly they want people?

Awwwww too bad there’s the fediverse - Lemmy and the PieFed thing, which are so much better than Reddit could have ever been!!