Reddit is getting bigger.

Reddit says its daily users are up 47 percent year-over-year. Reddit just turned a profit for the first time. As part of its third-quarter earnings results released on Tuesday, the company reported a profit of $29.9 million, along with $348.4 million in revenue — a 68 percent increase year over year.

  • vxx@lemmy.world
    9·
    5 days ago

    Traffic in big subreddits dropped up to 30% whenever there was some news that another huge botfarm was busted.

    Edit:

    Or when Russia is busy starting a war. Completely natural pattern there. The screenshot is from 2022