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Reddit sales growth slowdown preceded fight over new API fees

www.theinformation.com Reddit Sales Growth Slowdown Preceded Fight Over New API Fees

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 ...

Reddit Sales Growth Slowdown Preceded Fight Over New API Fees
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The original was posted on /r/technology by /u/marketrent on 2023-06-23 01:09:04+00:00.

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