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Reddit’s reported $60 million data deal with Google may be the answer to its profit prayers and IPO dreamsOn the same day as the IPO filing, reports emerged about Google paying a whopping $60 million annually for access to Reddit’s API, a detail buried beneath the headlines, but central to Reddit ...
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Reddit IPO: Can A New Social Media Stock Stand Out In Meta's World?It took a big step in that regard just before its IPO filing. Reuters reported on Feb. 21 that Reddit reached a deal worth $60 million with Google that will make Reddit content available to train ...
Last year, according to Reddit's newly filed IPO documents, the company generated ... of Reddit's recent growth has come from a surge of Google traffic. And as any digital-media company can ...
to enable Google's AI products to leverage Reddit data." "Profitability and strong unit economics remain important for IPO investors, given the reality of higher rates and tighter liquidity ...
The Reddit IPO will arguably go down as one of the most anticipated initial public offerings (IPOs) of 2024, and it did not disappoint. On Wednesday, March 20, the social media company priced its ...
On the bottom line, Reddit posted a net loss of $575.1 million, up from a net loss of $60.9 million in the year-ago period, primarily due to charges related to its initial public offering (IPO ...
Reddit forecast for Q3 revenue was above estimate indicating a rebound in digital ad market, drawing more advertisers to its ...
BI spoke to 11 Reddit employees about the new challenges and maintaining its beloved culture. They shared everything from their favorite subreddit to what the IPO means to them. 2024 was a great ...
On the heels of Astera Labs’ successful IPO, Reddit shares skyrocketing 48% to ... including an AI-related deal with Google for $60 million annually, received pushback from Redditors, including ...
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