Reddit Unveils New Tools for Businesses: Trends and AMA Ads

"Reddit unveils new tools for businesses: Pro Trends for market insights and AMA Ads for engaging Q&As."
Matilda
Reddit Unveils New Tools for Businesses: Trends and AMA Ads
Reddit, the popular social media platform known for its vibrant communities and insightful discussions, continues to evolve its offerings for businesses. At the recent Consumer Electronics Show (CES) in Las Vegas, the company unveiled two significant additions: Reddit Pro Trends, a powerful tool for businesses to understand and engage with Reddit conversations, and AMA Ads, a new advertising format designed to promote and amplify Ask Me Anything (AMA) sessions. These announcements come on the heels of a record-breaking quarter for Reddit. In Q3 2024, the platform surpassed 100 million daily active users for the first time, marking a 47% year-over-year increase. This surge in user activity translated into impressive revenue growth of 68%, exceeding $348.4 million, and ultimately achieving profitability. Reddit Pro Trends: Unlocking the Power of Reddit Conversations Reddit Pro, the free suite of tools designed for brands, is now enriched with Reddit Pro Trends. This valuable addition empow…