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Reddit daily active users3/12/2023 ![]() ![]() Reddit later hired Y Combinator CEO Michael Seibel, replacing Ohanian. In June this year, tennis superstar Serena Williams' husband and co-founder of Reddit, Alexis Ohanian, quit from his position, urging the board to fill his position with a Black member. Subreddits are available by category and Redditors can follow selected "subreddits" relevant to their interest and also control what content they see on their custom front page. The most popular posts are featured directly on the front page. For comparison, Facebook's average daily active user. ![]() The post is open to the entire Reddit community to vote upon, either by down or "upvotes". Reddit averaged 52 million daily active users in October, which is an increase of 33 percent from the same period in 2019, per the WSJ report. Its latest valuation appears small next to Twitters 51. Reddit allows registered users, called Redditors, to post content. The company has revealed its daily active users for the first time, telling the Wall Street Journal that it had 52 million daily active users in October 2020. This time last year, the company had 430 million monthly users, with 30 per cent year-over-year growth. Webull also recorded its highest number of daily active users yesterday, with 952,000, while TD Ameritrade saw a record 444,000 daily active users and Fidelity had a record of 429,000 Apptopia found. Daily usage of Reddit is being shared for the first time "as a more accurate reflection of our user growth and to be more in-line with industry reporting," the company told the WSJ. Founded in 2005, the San Francisco-based company is known for its "ask me anything" digital town halls with celebrities and politicians.
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