Reddit says it averaged 52M DAUs in October, up 44% YoY, disclosing the metric for the first time; ad revenue hit $100M+ in 2019, on track to rise 70%+ in 2020 (Sahil Patel/Wall Street Journal)

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Sahil Patel / Wall Street Journal:
Reddit says it averaged 52M DAUs in October, up 44% YoY, disclosing the metric for the first time; ad revenue hit $100M+ in 2019, on track to rise 70%+ in 2020  —  The disclosure comes as the tech company pursues new advertisers  —  Reddit Inc. said it averaged 52 million daily active users in October …

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