Reddit's traffic is way, way up. Like, banoodles up. [Business Insider]
Similarweb Ltd. Ordinary Shares (SMWB)
Company Research
Source: Business Insider
Reddit's big boost is likely from Google traffic. Huh! Have you seen more Reddit results in your Google searches lately? Or maybe you're one of the savvy people who is adding "reddit" to the end of your searches for things like "best air conditioner reddit" or "disney fastpast worth it reddit." You're not alone. Way, way, not alone. Reddit's traffic has surged in the last few months, largely because of its increased prominence in Google search results. In April, Business Insider's Hugh Langley reported how Reddit is "taking over" Google search results, in large part because of a recent decision at Google to prioritize "helpful content," aka forum posts (Quora, the question-and-answer site, also has seen a big bump in traffic). Google denied at the time that the boost to Reddit had anything to do with its $60 million deal to license Reddit data for use in Google's AI products The Wall Street Journal also noted this week that Reddit traffic is way up, boosted in part by peopl
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SMWB
News
- Down 81%, Trump Media Stock Could Still Head Lower. Here's Why. [Yahoo! Finance]Yahoo! Finance
- Similarweb announces exercise of underwriters' option to purchase additional shares [Seeking Alpha]Seeking Alpha
- Similarweb Ltd. Announces Full Exercise of the Underwriters’ Option to Purchase Additional Ordinary SharesBusiness Wire
- Similarweb Ltd. Announces Closing of Secondary Offering by a Selling Shareholder [Yahoo! Finance]Yahoo! Finance
- Similarweb Ltd. Announces Closing of Secondary Offering by a Selling ShareholderBusiness Wire
SMWB
Earnings
- 8/6/24 - Beat
SMWB
Sec Filings
- 9/18/24 - Form 6-K
- 9/16/24 - Form 6-K
- 9/13/24 - Form 6-K
- SMWB's page on the SEC website