Reddit (RDDT) Goldman Sachs Technology Communacopia and Technology Conference summary

Business performance and growth

• Achieved strong post-IPO performance, with over 50% growth in both users and revenue in Q1 and Q2.

• Logged-in app users grew 30% last quarter, the highest rate in years.

• Improved user retention and growth through machine learning-driven personalization and a faster, rebuilt web platform.

• Focus remains on expanding the user base while maintaining the platform's community-centric identity.

Technology and AI integration

• Machine learning and large language models (LLMs) drive user engagement, content translation, and moderation improvements.

• LLM-powered translation enables international growth, with French, Spanish, Portuguese, and German underway.

• AI enhances on-platform search, with about a billion queries monthly, presenting future monetization opportunities.

International expansion

• Daily active users are split 50/50 between the U.S. and international markets.

• LLM-based translation is a key lever for scaling globally, aiming to match peers with 80–95% international user bases.

• Universal appeal and community structure support ambitions for global reach.