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

Philip Morris to invest $232 million to expand...

August 29, 2024

Affirm announces JPMorgan Chase merchants can now offer...

March 27, 2025

Warner Bros. Discovery’s NBA rights offer could put...

May 24, 2024

The architect of Amazon’s supply chain on running...

February 5, 2026

CFPB rule to save Americans $10 billion a...

May 10, 2024

Here are some money moves to make before...

July 27, 2024

Tariffs would be ‘catastrophic’ for sales of tequila...

February 15, 2025

GM reports best U.S. quarterly sales since 2020

July 3, 2024

Elon Musk is $70 billion richer since Trump...

November 14, 2024

Musk loses more than $100B as Tesla gives...

February 28, 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

    • National Governors Association reportedly cancels meeting with Trump after White House snubs Democrats

      February 11, 2026
    • Battered in Ukraine, Russia races to rearm — but questions linger over its military strength

      February 11, 2026
    • Top Iran security official seen in Oman days after indirect nuclear talks with US

      February 11, 2026
    • Kenya demands answers from Russia over recruitment of citizens to fight in Ukraine war

      February 11, 2026
    • Vance: US should get ‘some benefit’ from Greenland if it’s going to be ‘on the hook’ for protecting territory

      February 11, 2026

    Categories

    • Business (1,153)
    • Investing (4,043)
    • Politics (4,943)
    • 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