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Reddit Inc
Accounts Payable
Reddit Inc
Accounts Payable Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Accounts Payable | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
R
|
Reddit Inc
NYSE:RDDT
|
Accounts Payable
$46.5m
|
CAGR 3-Years
71%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
B
|
Baker Hughes Co
NASDAQ:BKR
|
Accounts Payable
$4.4B
|
CAGR 3-Years
8%
|
CAGR 5-Years
3%
|
CAGR 10-Years
5%
|
|
|
Schlumberger NV
NYSE:SLB
|
Accounts Payable
$10.3B
|
CAGR 3-Years
11%
|
CAGR 5-Years
0%
|
CAGR 10-Years
2%
|
|
|
Halliburton Co
NYSE:HAL
|
Accounts Payable
$3B
|
CAGR 3-Years
14%
|
CAGR 5-Years
2%
|
CAGR 10-Years
0%
|
|
|
Symbotic Inc
NASDAQ:SYM
|
Accounts Payable
$175.2m
|
CAGR 3-Years
84%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
C
|
Corebridge Financial Inc
NYSE:CRBG
|
Accounts Payable
N/A
|
CAGR 3-Years
N/A
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
Reddit Inc
Glance View
Reddit Inc. has emerged as a powerhouse in the social media landscape, offering a unique platform that fosters community engagement through user-generated content and discussions. Founded in 2005, Reddit has grown into one of the largest online communities, boasting over 430 million monthly active users who contribute to diverse forums known as "subreddits." These subreddits cater to virtually every imaginable interest, providing a space for individuals to connect, share information, and collaborate on hobbies, news, and more. The company's business model capitalizes on advertising revenue, premium memberships, and partnerships, creating multiple revenue streams that enhance its financial resilience. As an investment opportunity, Reddit stands out for its robust community-centric approach that cultivates loyalty and user engagement, which can translate to stable advertising growth. The company recently expanded its advertising capabilities, enabling targeted campaigns and attracting major brands that seek to reach engaged audiences. Furthermore, its commitment to innovation, exemplified by initiatives such as the introduction of social and interactive features, positions Reddit favorably in the competitive social media market. With a strong emphasis on user experience and continuous adaptation to market trends, Reddit Inc. is not just a social platform; it has become a cultural phenomenon that investors should closely monitor as it navigates its path toward potential profitability and long-term growth.
See Also
What is Reddit Inc's Accounts Payable?
Accounts Payable
46.5m
USD
Based on the financial report for Dec 31, 2023, Reddit Inc's Accounts Payable amounts to 46.5m USD.
What is Reddit Inc's Accounts Payable growth rate?
Accounts Payable CAGR 3Y
71%
Over the last year, the Accounts Payable growth was 41%. The average annual Accounts Payable growth rates for Reddit Inc have been 71% over the past three years .
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