Reddit is concentrating on worldwide markets such because the U.Okay., India, Brazil, and the Philippines to bolster its consumer base.
Greater than 50% of Reddit’s consumer base is exterior of the U.S., the corporate’s chief working officer, Jen Wong, informed CNBC in an interview.
Wong highlighted India, signaling that English-speaking customers from the nation are participating in matters like cricket and Bollywood.
“India’s rising actually quickly. We see a giant alternative in India,” she informed the publication.
The corporate plans to develop on its translation efforts because it goals to develop its machine-learning-based translation feature to over 30 nations via 2025, CEO Steve Huffman stated in October.
The U.S. nonetheless accounts for 83% of Reddit’s complete income, per its third-quarter outcomes. Wong informed CNBC that the corporate plans to develop its native promoting to different nations.
