#ThursdayTool - Reddit

Music Service Profile: Reddit, inc.

Name: Reddit

Synopsis:

Reddit is an American social news aggregation, content rating, and forum social network. Registered users (commonly referred to as "Redditors") submit content to the site such as links, text posts, images, and videos, which are then voted up or down by other members. Posts are organized by subject into user-created boards called "communities" or "subreddits". Submissions with more upvotes appear towards the top of their subreddit and, if they receive enough upvotes, ultimately on the site's front page. Reddit administrators moderate the communities. Moderation is also conducted by community-specific moderators, who are not Reddit employees. It is operated by Reddit, Inc., based in San Francisco.

Type of business

Public

Type of site

Social news

Available in

Multilingual

Traded as

NYSE: RDDT

Founded

June 23, 2005

Headquarters

San Francisco, California, U.S.

No. of locations

5

Area served

Worldwide, except for Indonesia (without DNS) and China

Owners

• Advance Publications (30%)

• Tencent (11%)

• Sam Altman (9%)

Founder(s)

• Steve Huffman

• Aaron Swartz

• Alexis Ohanian

Key people

• Steve Huffman (CEO)

• Jen Wong (COO)

• Drew Vollero (CFO)

• Christopher Slowe (CTO)

Industry

• Social media service

Employees

2,013 (December 2023)

Parent

Reddit Inc.

URL

• reddit.com 

• redditinc.com (corporate)

Advertising

Banner ads and promoted links

Commercial

Yes

Registration

Optional

Users

73.1 million DAU (Dec 2023)

Current status

Active