Reddit’s holiday-quarter forecast shows AI ad strategy paying off
Third-quarter revenue rose 68% to $585 million, beating estimates of $545.7 million [File] | Photo Credit: REUTERS Reddit forecast fourth-quarter revenue above Wall Street estimates on Thursday, thanks to its artificial intelligence-powered advertising tools that are boosting marketing spending on the social media platform. The company’s AI-optimised ad platform helps advertisers to place targeted ads […]
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