Mar 13, 01:20 AM

Reddit's IPO Plans Challenged by Google Search User Influx, Bernstein Questions Profitability

Reddit, facing scrutiny ahead of its planned IPO, reveals that a significant portion of its new users are coming from search engines like Google. Bernstein questions Reddit's profitability despite high gross margins, highlighting negative adjusted EBITDA and free cash flow.

#Reddit #Google #Bernstein

Written with ChatGPT (GPT-3).

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Reuters Business@ReutersBiz
2 years ago
From @Breakingviews: A growing number of new Reddit users came from search engines like Google, the company says. @AnitaRamaswamy explains why it is a risk for the social media platform, as it plans to go public soon https://t.co/TKFmjmFS4J
Reuters@Reuters
2 years ago
From @Breakingviews: Reddit says some three-fourths of its new users came from search engines like Google. That’s a risk for a platform planning to go public soon, explains @AnitaRamaswamy https://t.co/2UnEeI5Ygc
Reuters Breakingviews@Breakingviews
2 years ago
Breakingviews - Reddit Google searches 'how to make money' https://t.co/zKChZ9EoC1 https://t.co/zKChZ9EoC1

Reddit's IPO Plans Challenged by Google Search User Influx, Bernstein Questions Profitability

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