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Reddit's Enhanced Advertising Tools Drive 'Sizable Upside': JPMorganReddit Inc (NYSE:RDDT) shares are on the rise following the company’s impressive first-quarter sales performance, which surpassed expectations. Reddit’s stock surged 14.82% in pre-market ...
and strong investments in AI-driven tools to enhance its global reach and ad solutions has been a key catalyst. Advertising accounted for 91.2% of Reddit’s 2024 revenues, which totaled $1.3 billion.
The announcement means marketers now benefit from deeper transparency via IAS's Total Media Quality for Reddit, with comprehensive tools for ... "As Reddit's advertising business continues to ...
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