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Reddit has reported an increase in daily active users by 44% year-on-year. It claimed they now have an average of 52 million daily active users as of October 2020. Last December Reddit reported they have now reached 430 million active monthly users, but daily active count is a different way to compare with.

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DAU Counts

According to the DAU report, this is where Reddit stands:

Social platform DAU counts - chart
Image Source – Social Media Today

Taking in mind that the platform has various niche communities, Reddit is expanding its growth and now has 52 million active users engaged, however, Facebook is standing tall with 1.8 billion active users daily.

Reports From the Wall Street Journal:

The company’s ad revenue totaled more than $100 million in 2019 and is on track to rise by more than 70% this year.

Benefits Of Reddit

Reddit has the benefit of having subreddits on various topics. if one has a topic, there is always a subreddit for it. Members of the communities are very active and it provides the opportunity the boost market campaigns.

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