Reddit's explosive user growth and AI tools help it soar to its first profit as a public company
RDDTReddit(RDDT) Techxplore·2024-10-31 15:49

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Reddit CEO Steve Huffman and company employees celebrate on the New York Stock Exchange trading floor, prior to his company's IPO, March. 21, 2024. Credit: AP Photo/Yuki Iwamura, File Reddit has turned a profit for the first time as a public company. The social platform claimed a profit of $29.9 million, or 16 cents per share, fo ...