this post was submitted on 23 Jun 2023
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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 ...

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[–] [email protected] 21 points 1 year ago (1 children)

I mean sure, good news is always welcome, but if I'm bombarded by a website by cookie request, download the app AND fullscreen newslettersignup popups... I'm out. Jesus christ.

[–] [email protected] 7 points 1 year ago (1 children)

For real, it got to the point that it is literally unuseable in browser on mobile

[–] [email protected] 2 points 1 year ago

Was there a bot which would copy paste from article to comment section?

[–] [email protected] 5 points 1 year ago (1 children)

How is it these huge companies fail to realize that they had a killer year due to covid putting more people online? You aren't going to match it no matter what.

[–] [email protected] 2 points 1 year ago

But what about if they use ai to create some ar for their vr set? Surely that will bring everyone back.

[–] [email protected] 3 points 1 year ago

Searched for the headline, found one or two copies? Looks like the article is either only a single paragraph or that's all they're gonna show. Either way, here it is:

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 more than doubling of revenue the company experienced in 2021 over 2020.