Reddit (RDDT) Impresses With User Growth and Profitability – a Social Network With Real Investment Potential!

Reddit benefits from enormous international growth and has the perfect strategy for the digital future with AI-supported features like Reddit Answers!
L. Kulikov
Reading Time: 1 minute

I am positively surprised by Reddit's latest quarterly report, which impressively underscores the strength of this social media platform. With a 31% increase in daily active users to 108.1 million, Reddit significantly exceeds Wall Street's expectations. Particularly, the international growth of 41% demonstrates the enormous global growth potential. The expansion of machine translation to 13 languages is a clever strategic move that will further drive international expansion. At the same time, Reddit continuously improves its search functionality...

Read this article now with a free account.

Your benefits:

  • Every month, you can read 5 articles from the premium section for free.
  • Monthly 2 trial issues of the Trader newspaper for free.
  • Create a personal watchlist with an overview of news about your stock.
Trader Times
Free account
Here we go!
Image 1Image 2Image 3

Already registered? Log In