Reddit goes public: the latest updates on its IPO
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Reddit’s CEO confirms that a lot of user growth is coming from Google Search.
Reddit’s daily users grew 37 percent to 82.7 million during its first quarter as a public company. CEO Steve Huffman said on the earnings call that 60 percent of those users are logged out and coming mostly from Google.
“Googlebot likes speed” and Reddit has focused on improving load times, he said. More on the numbers below:
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