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Reddit data licensing grows 24% to $43M in Q2, led by Google and OpenAI

Reddit logoReddit
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Alphabet (Google) logoAlphabet (Google)
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Data licensing contributed $43 million in Q2 revenue, up 24% year over year within other revenue. Reddit cites Alphabet’s Google and OpenAI as its two biggest data-licensing customers, but frames the line as a small side note versus advertising. Reddit also reported ad revenue up 64% to $762 million and is pushing to convert weekly users into daily users to drive impressions and revenue per user.

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