Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Business

Reddit targets international users for ad growth, teases bolstered search feature

by admin November 28, 2024
November 28, 2024
Reddit targets international users for ad growth, teases bolstered search feature

Reddit is ramping up efforts to attract more users outside of the U.S., putting countries like India and Brazil in focus as it looks to unlock new advertising opportunities, a top company executive told CNBC.

In a wide-ranging interview, Jen Wong, chief operating officer of Reddit, said other platforms have 80% to 90% of users outside of the U.S. while about half of her company’s current users are based internationally.

“So that points to a lot of our future user growth opportunity definitely outside of the U.S. and local language,” Wong told CNBC. “The opportunity, the way I think about it, is every language is an opportunity for another Reddit.”

Reddit has historically been an English-language platform, but the company is looking to expand its international reach with the help of artificial intelligence translations. This year, Reddit launched a feature that automatically translates its site into different languages.

Wong said that around 20 to 30 languages could be available by the end of the year.

Among the company’s fastest-growing markets in terms of users is the U.K., the Philippines, India and Brazil.

“India’s growing really rapidly,” Wong said. “We see a big opportunity in India.”

The Reddit COO said that India has a large English-speaking internet population, and there are lots of engaged users around topics like cricket and the Bollywood movie industry.

Wong also said Reddit has been meeting with “mods” — or moderators, who oversee content on communities on the site.

Growth in markets like India can propel Reddit to boost ad revenue, its main source of income.

International markets account for just over 17% of Reddit’s revenue currently, according to the company’s third-quarter results, despite around 50% of its users being located outside the U.S.

Wong said that Reddit first attempts cross-border advertising for international markets, such as when a European brand is looking to advertise in the U.S. Then, when Reddit hits about 10% of a country’s internet population in a country, there is an opportunity to build teams focused on local advertising — like an Indian brand advertising to Indian users.

This has not yet happened in many markets, but Reddit is keeping an eye on many of its fastest growing countries, Wong said.

Reddit users will know that it’s not always the easiest site to find what you’re looking for — a drawback that the company is now looking to change with new search tools.

During Reddit’s third-quarter earnings call last month, CEO Steve Huffman called search on the platform a “focused investment” in 2025.

Wong expanded that the company is thinking of its search feature as a way of helping users to navigate around the site to find similar topics or posts that they may have otherwise missed.

“You land on a post and but it’s almost like a dead end. But there are a lot of posts, often like that post, or there are other posts like that post in other communities. And so giving you a total view of what that looks like is a really interesting opportunity,” Wong said.

“Guiding you through Reddit as you follow that line of thinking, is how we think of the opportunity.”

Wong declined to say more except, “We’re testing a lot of things.”

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
OptionsPlay: Macro Market Outlook and Options Strategies
next post
‘Moana 2’-led Thanksgiving box office could be best in post-pandemic era

Related Posts

The collapse of a fintech firm with 10...

May 23, 2024

Chipotle downplays looming Trump tariffs, says only half...

February 7, 2025

Starbucks announces several changes, including plans to cut...

January 31, 2025

Is it time to rethink the 4% retirement...

May 15, 2024

Jeff Bezos discloses plan to sell up to...

May 4, 2025

Trump family’s American Bitcoin makes stock market debut

September 5, 2025

Wendy’s will offer $3 breakfast deal as rivals...

May 21, 2024

Amazon increases average pay for warehouse workers and...

September 20, 2024

Biden blocks Japan’s Nippon Steel from $15 billion...

January 7, 2025

McDonald’s revenue disappoints as U.S. sales see worst...

February 11, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • NATO chief praises Trump at Davos, says he forced Europe to ‘step up’ on defense

      January 22, 2026
    • Trump cites Minnesota fraud cases to warn against migration from ‘failed’ societies

      January 22, 2026
    • Kavanaugh warns Trump case could ‘shatter’ Federal Reserve independence in Supreme Court hearing

      January 22, 2026
    • Nigeria admits more than 160 Christians kidnapped as Trump calls for coordinated terror fight

      January 22, 2026
    • State Dept official confirms ‘limited’ diplomatic team in Caracas to possibly restore US-Venezuela relations

      January 22, 2026

    Categories

    • Business (1,147)
    • Investing (3,930)
    • Politics (4,803)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2026 sportinvestorsleague.com | All Rights Reserved