📅 Oct 30, 2026
CEO Steve Huffman told investors on October 29 that Google's AI answers keep users on the search page instead of sending them to Reddit.
LexxWire
Search referrals to Reddit fell by more than 1 million on average each week during October, Huffman said on the earnings call.
LexxWire
US daily active uniques fell 2% to 50.7 million — the first decline since Reddit went public in 2024.
LexxWire
Reddit will test a mostly logged-in experience in select markets outside the US in Q4, ending nearly 20 years of free browsing and curbing data scraping.
LexxWire
Reddit warns daily visitors could fall by a low double-digit percentage in Q4 if referrals keep dropping. Logged-in users drive over 80% of its money from ads.
LexxWire
Thanks for reading!