Up
Stephanie Turner
2 years ago
Подписаться
Reddit's revenue grew 68% in the past quarter
- Reddit's Q3 2024 revenue rose 68% to $348.4 million
- Net income was $29.9 million (year ago loss $7.4 million)
- Revenue for Q4 2024 is expected to be $385-400 million
- Number of active users grew 47% to 97.2 million
- ARPU exceeded analysts' expectations, already totaling $3.58
- Reddit's share price nearly tripled after the IPO
- At the close of trading, Reddit's valuation was $13.6 billion
- Reddit shares rose 22% to exceed $100/share for the first time.
- The company's financial results exceeded analysts' expectations
4
1
0
4
1
0
Комментарии
Рекомендованное
Pavel Ryzhikh
MEDIA
2 years ago
Подписаться
Buddy AI tutoring robot has raised $11 million in funding
Buddy AI, a virtual English language tutor designed for children, has secured $11 million in funding. The round was led by BITKRAFT Ventures and Educapital, with additional support from investors like One Way Ventures, Leta Capital, and Point72. Although the company’s valuation remains undisclosed, the new investment will be directed toward product development.
The app provides interactive lesson
Ещё
12
1
0
Pavel Ryzhikh
MEDIA
2 years ago
Подписаться
Startup has made it possible to replace people in videos with neuro dummies
D-ID, a video generation startup, has revealed avatars for videos: they create a photorealistic image of a person. In essence, this is the result of a model in which a finished video is uploaded, and it changes the person in it into their avatar. Depending on the tariff plan, you can process one minute or five minutes of video. The avatar copies the movements of either only the head or the hands a
Ещё
8
3
0
