Owner of Reddit

Advance Publications is the owner of Reddid, it is an American social news aggregation, content rating, and discussion website.

Advance Publications, Inc., doing business as Advance, is an American media company owned by the descendants of S.I. Newhouse Sr., Donald Newhouse, and S.I. Newhouse Jr

Coming to its founders, Reddit founders are, Steve Huffman, Aaron Swartz, and Alexis Ohanian. In March 2022, Reddit ranks as the 9th-most-visited website in the world.

Reddit Key people are Steve Huffman CEO of the company, Jen Wong COO, Drew Vollero CFO, and Christopher Slowe CTO of the Company.

 Coming to Its shareholders, Advance Publications is the majority shareholder of Reddit company. It owns a large number of subsidiary companies.

In 2021 Reddit generated $350 million dollars, Reddit has 52 million daily active users and 6th most-visited website in the U.S.

Advance publication was founded 100 years ago in 1922, it was founded by  Samuel Irving Newhouse Sr. it The company lacated at New York, United States.

Advance Publication products are Newspapers, News & Information Websites, Magazines, Television information.

Advance Companny is owned by Newhouse family, its prveous name was Staten Island Advance, later on the company got its new name Advance Company.