Reddit to hit $10bn valuation with latest investment led by Fidelity
Reddit is to be valued at $10bn as the social platform is raising $700m in Series F funding to invest in its international expansion.
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Reddit is to be valued at $10bn as the social platform is raising $700m in Series F funding to invest in its international expansion.
Audio apps have been adopted by a range of users, including stock traders, content creators and musicians, as the medium is convenient and flexible to interact with others globally.
Clubhouse Android app has over a million downloads on the Google Play store in less than a week since it launched. The Android app was launched over a year later than its iOS counterpart. The move came after the iOS app started seeing a downfall in the number of apps downloads from Apple’s App Store.
Since then, user downloads have decreased month over month, hitting a little over 900,000 in April. In response to the slowdown, the invite-only platform rolled out a version for Android users in the US, with other English-speaking Android markets next on the list. As social-audio competitors like Twitter Spaces, Reddit Talk, Spotify Greenroom, Discord Stage Channels, and upcoming products from Facebook and LinkedIn enter the landscape, the question arises: What impact can these platforms have for individual users? The blend of exposure, content creation, and lead generation, coupled with ...
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