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Reddit sales growth slowdown preceded fight over new API fees

https://www.theinformation.com/articles/reddit-sales-growth-slowdown-preceded-fight-over-new-api-fees

A stark business reality faced Reddit before a user uprising engulfed its site this month: slowing sales growth. Reddit’s revenue rose 38% in 2022 to about $670 million last year, two people familiar with the matter said, faster than many other internet ad firms but a steep slowdown from the ...

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