Reddit game is for the Google crowd, not only community scallops

Reddit CEO Steve Huffman says there are two types of people coming to the social media platform: scallowers and records.

Disculi are those who come to the core product, which is community conversation, which is committing themes are passionate, from r / sourpturechat. Then there are the searches; The people who can write their specific search in Google Search and Tack “at the end” to the end so can find true advice and opinions from real people.

Reddit answersThe chatbot Ai-Powered of the company that surfaces are the verbatim and syntax responses from existing reddit, is for the seekers. And the first results suggest that already has the traction.

“Up to a long time, we haven’t built a product for them,” Reddit CEO Steve Huffman told Thursday the first time call of the first fourth. “Those users are not coming to reddit for a community in that moment. They are coming for a response. And I think we can (recognize) that the user takes and be more effective.”

Reddit announced during the call that their product product has already 1 million weekly active users since launched in beta in December. I am Last Month, Reddit Epanse EpanSe Answers, US and in Australia, UK, and India.

The feature, that is always in Beta, live in the navigation bar as well as their own separate experience. Go to 2025, Reddit plans to integrate the most deeply in the platform in a few different ways.

Huffman said the most obvious way to do this would be undermrate the answers to the primary research box, which could allow users to write in a full question rather to do.

The executive also said the company did not explore ways to integrate answers at the beginning of the user’s journey.

“So you are a new opening user for the first time, using answers to see what is in reddit and learn that reddit is almost as you seek,” he said.

Another “Entry point” for external research, “helping (users) get a more reassembered version of the answer on reddit.” Huffman said.

That might also protect reddit to be at the mercy of google search. In the quarter of 2024, a change in Google’s algorithm has caused some “volatility of reddit users, which spooked investors, despite the stick of earning earnings.

“We’re a flat open, and we want people to find the reddit content on (Google) Search, Huffman said. “Of it open visibility. It can also create variables, and wait for some scopegia is under the year, the term fig is more bumpy that the usual.”

Reddit stock has sunk in the trade after the hour as the business beats the analyst of analyst and the expectation of strong users. The firm rewritten 392.4 million, a $ 115,3 million, and every day of 108.1 million 4% YOY.

In the second quarter, reddit estimates in the $ 42 million range to $ 40 million and ebita to $ 110 million and $ 130 million.