needadvicebadly@kbin.socialtoReddit@lemmy.ml•Reddit CEO Admits "we are not profitable" right before upcoming IPO
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1 year agoSocial media is an advertising platform. YouTube is a form of social media that’s profitable too, at least now, and it’s all from ads.
Well, TikTok is the most recent contender. ByteDance is a private Chinese company though, so it’s hard to get accurate numbers.