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Reddit (/ ˈrɛdɪt /) is an American social news aggregation, content rating, and forum social network. Registered users (commonly referred to as "Redditors") submit content to the site such as links, text posts, images, and videos, which are then voted up or down ("upvoted" or "downvoted") by other members. Posts are organized by subject into ...
Steve Huffman (born 1983 or 1984), also known by his Reddit username spez (/ spɛz /), is an American web developer and entrepreneur. He is the co-founder and CEO of Reddit, a social news and discussion website, which ranks in the top 20 websites in the world. [4] He also co-founded the airfare search engine website Hipmunk, which shut down in ...
Alexis Kerry Ohanian (Armenian: Ալեքսիս Քերի Օհանյան; born April 24, 1983) [ 1 ] is an American internet entrepreneur and investor. He is best known as the co-founder and former [ 2 ] executive chairman of the social media site Reddit along with Steve Huffman and Aaron Swartz.
Reddit boasts 73 million daily active unique users and some 267 million weekly active unique users across more than 100,000 boards, or subreddits, according to the company’s prospectus.
Reddit additionally reported 73.1 million daily active users in the three months leading up to the end of the year—and that number gets bigger once you get to weekly active users, 267.5 million.
The company was the first major social media IPO since Pinterest debuted in 2019. Despite being in business for almost 20 years, Reddit had never turned a profit before the first quarter.
Advance Publications, Inc. is a privately held American media company owned by the families of Donald Newhouse and Samuel Irving Newhouse Jr., the sons of company founder Samuel Irving Newhouse Sr. It owns publishing-relating companies including American City Business Journals, MLive Media Group, and Condé Nast, and is a major shareholder in ...
Reddit is set to be the first major social media company to IPO in years. It filed to list on the New York Stock Exchange under the ticker symbol “RDDT,” according to last week’s Securities ...