Reddit

Statista overview report on Reddit

Reddit

Social media, news aggregator, and online forum: Reddit has grown to a million-dollar business in less than 20 years - but how does the "front page of the internet" make money?

Reddit has confidentially filed to go public, with the company announcing it had submitted a draft registration statement in December 2021. This Reddit Business Teardown will examine the history of Reddit as a company and its product's KPIs, including web traffic and monthly active users. The report will examine Reddit monetization strategies from the early launch of Reddit Gold to the creation of the in-house ads platform KarmaLab and give information on the most important cost centers. The report will feature a SWOT analysis highlighting the business selling points and possible threats, followed by an overview of Reddit's main competitors.

Featured in this Business Teardown:

Product overview - Company overview - Business model - Cost centers - Risk & opportunities - Competitors - Key takeaways



Table of contents

1. Product overview

  • Reddit evolution (2005-2022)
  • Monthly active users
  • Web traffic comparison
  • r/Omnia sunt communia
  • User interface: Desktop and mobile

2. Company overview
  • Value of funding raised by Reddit
  • The IPO rush doesn’t knock twice
  • Potential growth
  • Key hires & departures

3. Business model
  • Monetization strategy
  • Reddit online ads business
  • Direct monetization
  • User reward system
  • Is the blockchain the future for Reddit’s inner economy?

4. Cost centers
  • Targeted acquisitions (2020-2022)
  • Company cost centers
  • Snoos grow, but moderators do some heavy lifting

5. Risks & opportunities
  • SWOT analysis
  • Strengths & opportunities
  • Weaknesses & threats

6. Competitors
  • Market leaders
  • Rising threats
  • Smaller players

7. Key takeaways

    Statista report shop

    Explore all Statista reports

    We provide information on industries, companies, consumers, trends, countries, and politics, covering the latest and most important issues in a condensed format.

    Contact

    Get in touch with us. We are happy to help.
    Statista Locations
    Contact Meredith Alda
    Meredith Alda
    Sales Manager– Contact (United States)

    Mon - Fri, 9am - 6pm (EST)

    Contact Yolanda Mega
    Yolanda Mega
    Operations Manager– Contact (Asia)

    Mon - Fri, 9am - 5pm (SGT)

    Contact Kisara Mizuno
    Kisara Mizuno
    Senior Business Development Manager– Contact (Asia)

    Mon - Fri, 10:00am - 6:00pm (JST)

    Contact Lodovica Biagi
    Lodovica Biagi
    Director of Operations– Contact (Europe)

    Mon - Fri, 9:30am - 5pm (GMT)

    Contact Carolina Dulin
    Carolina Dulin
    Group Director - LATAM– Contact (Latin America)

    Mon - Fri, 9am - 6pm (EST)