Reddit: Advertising Business explodes by 84% in Q2 – AI Search and Internationalization Present Major Opportunities!

Reddit aims to become the most human and trustworthy place on the internet. The most profitable quarter in the company's history and an 84% increase in advertising revenue cause the share price to skyrocket. Changes to Google search have less of an impact than feared. Daily user base increases by 21%. Advertising revenue grows by 84% in the second quarter. Reddit Answers increases its reach from 1 million to 6 million weekly active users and more than tenfold its average query volume. Internationalization continues to gain momentum...