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Reddit reports Q2 revenue up 78% to $500M, driven by AI ads and growing user base.
Reddit reported a 78% jump in Q2 revenue to $500 million, fueled by AI-powered advertising tools and a 21% rise in daily users to 110.4 million.
The company is betting on AI enhancements and ad innovations to maintain growth, expecting Q3 revenue between $535-545 million.
Reddit also aims to integrate its AI search tool, Reddit Answers, into its core search, targeting broader market penetration.
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Reddit informa que los ingresos del segundo trimestre aumentaron un 78% a 500 millones de dólares, impulsados por anuncios de IA y una creciente base de usuarios.