Published on September 01, 2025 at 01:01 PM
Reddit is one of the world’s largest and most influential online communities. Known as the “front page of the internet,” it connects millions of people through niche communities called subreddits. But beyond memes and discussions, Reddit is also a multibillion-dollar business with a unique growth story.
Who Owns Reddit?
Reddit was founded in 2005 by Steve Huffman, Alexis Ohanian, and Aaron Swartz.
The current CEO is Steve Huffman.
The largest shareholder is Advance Publications (parent company of Condé Nast), which owns about 30%.
Other major investors include Tencent (11%) and Sam Altman (9%).
Reddit’s Valuation & Worth
Reddit went public in March 2024, debuting with a market capitalization of nearly $10 billion.
Earlier funding rounds valued the platform between $7.8 billion and $10 billion.
In 2024, Reddit generated about $1.3 billion in revenue, mostly from advertising.
By mid-2025, Reddit reported its most profitable quarter ever with $500 million in revenue and $89 million net income.
This makes Reddit not just a popular website, but also a serious contender in the social media and advertising space.
Reddit’s Visitors & Traffic
Reddit has one of the most active online audiences worldwide:
Monthly Active Users (MAU): Over 1.1 billion
Daily Active Users (DAU): Around 91 million
Monthly Visits: ~2.1–2.2 billion globally
Top Market: The United States (contributing nearly 50% of traffic)
Average Session Time: ~18 minutes per visit
Reddit is currently the 9th most visited website in the world, making it a massive hub for discussions, trends, and digital marketing opportunities.
How Reddit Makes Money
Reddit earns its revenue primarily from:
Advertising (98%) – Sponsored posts, promoted ads, and brand campaigns.
Premium Memberships – Ad-free experience and exclusive features.
Virtual Goods & Awards – Digital coins and community awards.
With advertising as its backbone, Reddit is quickly becoming a major platform for brands to reach highly engaged niche audiences.
Reddit’s journey from a small forum in 2005 to a $10 billion public company in 2024 showcases its cultural and financial significance. With over a billion monthly users and strong growth in ad revenue, Reddit continues to be both a social powerhouse and a business success story.
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Tags:
#Reddit
#RedditValuation
#RedditUsers
#RedditGrowth
#RedditWorth
#SocialMedia
#SocialMediaTrends
#TechBusiness
#OnlineCommunities
#InternetCulture
#DigitalMarketing
#RedditStats
#RedditIPO
Written by Paul Singh
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