We do not believe that we have engaged in any unfair or deceptive trade practice.
This disclosure came as an amendment to Reddits IPO filing.
This will make it easier to access Reddit from Google products.
However, Reddit has said it is in the early stages of exploring its data licensing efforts.
Last year, Reddits revenue increased to $804 million, a rise of 20%.
Advertising accounted for about 98% of its sales, while the remaining 2% came from data licensing.
source: www.techworm.net
