5 years ago
1
Reddit may cross the $100 million mark in revenue this year, researchers predict
Reddit may make $119 million in ad revenue in 2019. The popular online social platform is also on its way to more than double its ad revenues by 2021, according to market analysis firm eMarketer's forecasts. "As a mix of forum and trending news site with a bit of social network, Reddit has operated on an 'open internet' ethos," Monica Peart, director of eMarketer forecasting, said in a statement. "Reddit's users are tech savvy and highly engaged, making them attractive to advertisers."
Continue Reading https://www.cnet.com
Join the Discussion
I do wonder how long classic will be allowed though...