Technology
L4s
•
1y ago
•
88%
Reddit sales growth slowdown preceded fight over new API fees
https://www.theinformation.com/articles/reddit-sales-growth-slowdown-preceded-fight-over-new-api-feesA 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 ...
Comments 7