Lee Duna@lemmy.nz to

Technology@lemmy.worldEnglish · 9 months ago

Reddit says it's made $203M so far licensing its data

cross-posted to:
technology@lemmy.zip

435

Reddit says it's made $203M so far licensing its data

Lee Duna@lemmy.nz to

Technology@lemmy.worldEnglish · 9 months ago

cross-posted to:
technology@lemmy.zip

Reddit says it's made $203M so far licensing its data | TechCrunch

In its IPO prospectus, Reddit revealed that it has contractual agreements to license its data worth a combined $203 million.

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BigMikeInAustin@lemmy.world
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9 months ago
So Reddit charges users to create content (paid premium or by showing ads). And then it sells that content.

Making money both going and coming.
- Altima NEO@lemmy.zip
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  9 months ago
  And it also asks reddit users to invest in reddit
  
  loool

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