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00:02Reddit is leveraging high commercial intent within its comment threads to boost ad revenue as part of its broader monetization strategy.
00:09During Reddit's first quarter earnings call, COO Jen Wong discussed the introduction of new ad placements to the platform's highly active comment section.
00:17These ads complement existing placements below posts and above comments.
00:21Reddit is seeing promising early results with ads and comment sections already making up 6% of total ad impressions this quarter, according to COO Jen Wong.
00:30Analysts expect Reddit's ad revenue to grow faster than its competitors in 2025 due to its strong community engagement and increasing advertiser interest.
00:38For all things money, visit Benzinga.com slash GSTV.
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