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Reddit Inc
Revenue
Reddit Inc
Revenue Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Revenue | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
R
|
Reddit Inc
NYSE:RDDT
|
Revenue
$804m
|
CAGR 3-Years
52%
|
CAGR 5-Years
N/A
|
CAGR 10-Years
N/A
|
|
|
B
|
Baker Hughes Co
NASDAQ:BKR
|
Revenue
$27.3B
|
CAGR 3-Years
10%
|
CAGR 5-Years
3%
|
CAGR 10-Years
1%
|
|
|
Schlumberger NV
NYSE:SLB
|
Revenue
$36B
|
CAGR 3-Years
17%
|
CAGR 5-Years
2%
|
CAGR 10-Years
-3%
|
|
|
Halliburton Co
NYSE:HAL
|
Revenue
$23.1B
|
CAGR 3-Years
17%
|
CAGR 5-Years
0%
|
CAGR 10-Years
-3%
|
|
|
Symbotic Inc
NASDAQ:SYM
|
Revenue
$1.8B
|
CAGR 3-Years
92%
|
CAGR 5-Years
78%
|
CAGR 10-Years
N/A
|
|
|
C
|
Corebridge Financial Inc
NYSE:CRBG
|
Revenue
$18B
|
CAGR 3-Years
9%
|
CAGR 5-Years
4%
|
CAGR 10-Years
N/A
|
|
Reddit Inc
Glance View
In the sprawling landscape of the internet, Reddit Inc. stands as a unique entity, weaving together a vast tapestry of communities and conversations. Launched in 2005 by Steve Huffman and Alexis Ohanian, Reddit was conceived as a digital space where users could share content and engage in discussions across a myriad of topics. At the heart of Reddit is its forum-like structure, organized into thousands of "subreddits," each dedicated to a specific interest or theme. These subreddits empower users to explore everything from niche hobbies to global news. With its upvote and downvote system, Reddit democratizes content visibility, allowing community members to propel the most engaging or noteworthy posts to greater awareness while ensuring that less relevant content remains in obscurity. Reddit's revenue model cleverly leverages its enormous user engagement and traffic through a combination of advertising, premium memberships, and virtual currency. Advertising is a mainstay, with companies eager to tap into Reddit's eclectic audience by placing sponsored content amidst organic discussions. Reddit Premium, a subscription service, offers users an ad-free experience along with access to exclusive features, such as community badges. Moreover, Reddit has innovated with its virtual currency, "Reddit Coins," which members can purchase to reward others' posts or comments, further engaging the community's competitive and supportive spirit. This multi-faceted approach not only diversifies Reddit's revenue streams but also enhances user experience, making Reddit an intrinsic part of its subscribers’ digital routine.
See Also
What is Reddit Inc's Revenue?
Revenue
804m
USD
Based on the financial report for Dec 31, 2023, Reddit Inc's Revenue amounts to 804m USD.
What is Reddit Inc's Revenue growth rate?
Revenue CAGR 3Y
52%
Over the last year, the Revenue growth was 21%. The average annual Revenue growth rates for Reddit Inc have been 52% over the past three years .
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