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Reddit Acquires Short Video Making Platform Dubsmash

14Dec By AdityaNo Comments

ACQUISITION

Reddit Acquires Short Video Making Platform Dubsmash

Calif., San Jose, Dec 14, 2020: Communities based social media platform Reddit has acquired short-form video social platform Dubsmash. The details of the deal have not been disclosed. In 2017, Reddit launched its first native video platform and now looking at the future growth Reddit want to expand in this area and dubsmash acquisition is just one of the example. Reddit in its press release said, "Video is increasingly core to how people want to connect, and as we continue to grow our community, we’re committed to providing the best possible tools users need to find, create, and interact with one another through video. " After this acquisition, Reddit will integrate Dubsmash’s innovative video creation tools, which empower Reddit’s own creators to express themselves thro...

Reddit Raising Funds from Tencent, Valuation could soar up to $3 Billion

6Feb By NitishNo Comments

FUNDING

Reddit Raising Funds from Tencent, Valuation could soar up to $3 Billion

USA based social news aggregation and discussion website Reddit is raising funds between $150 to $300 million from Tencent, as per the news reported by Techcrunch. Chinese tech giant Tencent is leading the Series D round at a $2.7 billion pre-money valuation and the post-money valuation could reach close to $3 billion. Reddit is famous between internet users for its AMA, link sharing news etc. They have 330 million monthly active users and 150,000 Subreddits. Reddit Numbers Having 350 employees team, Reddit reports that its video views touched 1.4 billion views per month and the revenue reach up to $100 million. Reddit also has a 22 percent increase in engagement and 30 percent rise in total views in 2018. The latest funding round by Chinese giant Tencent will help ...

YouTube Steps Up Takedowns As Concerns About Kids’ Videos Grow

23Nov By reutersNo Comments

Tech

YouTube Steps Up Takedowns As Concerns About Kids’ Videos Grow

YouTube stepped up enforcement of its guidelines for videos aimed at children, the unit of Alphabet Inc’s Google said on Wednesday, responding to criticism that it has failed to protect children from adult content. The streaming video service removed more than 50 user channels in the last week and stopped running ads on over 3.5 million videos since June, YouTube vice president Johanna Wright wrote in a blog post. “Across the board we have scaled up resources to ensure that thousands of people are working around the clock to monitor, review and make the right decisions across our ads and content policies,” Wright said. “These latest enforcement changes will take shape over the weeks and months ahead as we work to tackle this evolving challenge.” YouTube has become one of Google...

Growth hack of my product launch on Reddit – Misbah Ashraf

19Nov By No Comments

BLOGS

Growth hack of my product launch on Reddit – Misbah Ashraf

For all those who don’t know me, Currently, I am leading the Product and Growth for Keygo.me. It is a part of Hatcher & I’ve been dedicatedly working towards decoding the growth hack models for startups. Starting with PR and launch platforms, I’ve learned myself a few things so let's get into what I know about Reddit. After launching hackr.io, Me and Gaurav were figuring out the ways of getting the first set of users to validate the product. We have launched it on Product Hunt and got massive support from Product Hunt community. (more…)

How online startups like Quora, reddit and Airbnb acquire their first users

17Apr By NitishNo Comments

Story

How online startups like Quora, reddit and Airbnb acquire their first users

For online startups to gain user traction in any domain is a bumpy ride? There is no rocket science, but a perfect marketing strategy which sometimes works like Dropbox, which goes from 5000 to 75,000 users in one night using a video. Same like Dropbox today we are going to share insightful stories of online startups like Quora, Airbnb etc on "How they able to get such large numbers of users in such little amounts of time". Two online startups giants Quora and reddit solved the "empty site = no users / no users = empty site" problem in the same ways. The founders of both online startups spent the first months filling them with content themselves. On Quora, the founders simply answered and asked lots of questions under their own profiles. But the reddit approach wa...