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People are finally using Reddit’s search

Published

2 months ago

May 1, 2026

Preport

After being harried by complaints that its search function needed improving, Reddit has in the last few years invested in its search engine, and has even added AI features to help its users find what they’re looking for. It appears that investment is finally paying off: The company has seen a 30% year-on-year jump in the number of people using search every week, CEO Steve Huffman said on Thursday.

Huffman noted that search has been one of the major drivers of user acquisition and retention for the platform.

“On search, we have seen great performance. Search DAUs, WAUs, and queries are up meaningfully year-over-year. It’s a great driver of retention and DAUs. The search team is, quite frankly, I think doing a great job. If you use Reddit Answers, you can see it is better integrated into the product,” he said on the company’s first quarter post-results conference call.

Earlier in February, the platform started testing product placement through AI search results in the U.S.

Huffman said that around 40% of conversations on Reddit are commercial in nature, and 84% shoppers feel more confident in their buying decisions after researching on Reddit.

The social platform ended the quarter with more than 493 million weekly active unique users (WAUq), up 23% from the same period last year, and about 126 million daily active unique users (DAUq), a 17% improvement from a year earlier.

Reddit reported a 7% improvement in U.S. visitors, reaching 53.5 million DAUqs, and 73.3 million DAUqs internationally, a 26% increase. The company said it plans to reach a billion daily users worldwide and 100 million daily users in the U.S.

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Besides search, the company said its machine translation feature, which now supports over 30 languages, has driven significant user growth in the past few quarters.

Reddit reported revenue of $663 million in Q1 2026, beating Wall Street’s expectations of $609.8 million. The company also said it only spent $1 million in capital expenditures in the quarter.

Related Topics:People are finally using Reddit's search

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Bukayo Saka Parries Concern Over His Injury Status, After Missing England’s 4-2 Victory Versus Croatia

Published

2 minutes ago

June 18, 2026

Preport

Arsenal star, Bukayo Saka has parried worries over his injury status and insists he is ready to play for England at the ongoing FIFA World Cup, where he sat out his team’s opening match on Wednesday, Sports247 reports.

England dumped Croatia 4-2 at AT&T Stadium in Dallas, Texas in their Group L opener, but Saka was not part of The Three Lions’ squad that got deserved revenge for their loss to the same country in the Russia 2018 semi-finals.

The Gunners’ winger was always a major worry ahead of Wednesday’s game, as he is still recovering from a nagging achilles injury that he picked up earlier this season with his club.

However, Saka said he is feeling better and ready to play the next game, as he is eager to defy all odds, but admitted that it all depends on The Lions’ coach, Thomas Tuchel, who decides the squad’s line-up.

“I don’t want to say anything that goes against the manager. But what I would say between Mikel (Arteta) and Arsenal, since March, they have managed me amazingly and helped me get back on the pitch.

“I am feeling better than I have felt for the last few months. I am ready to go. As players it’s the biggest gamble, especially if you’re not feeling your sharpest. You have the choice whether you don’t play or you put yourself out there knowing people are going to judge you.

“I’m happy to take the gamble. It (often pays) off, I’d say. I’m going to continue doing that. But I am feeling a lot better than I did in March and I’m ready to go,” Saka submitted philosophically.

Sports247 reports further that it’s now left to be seen if Tuchel will consider Saka fit enough to start against Ghana next week in England’s second game of the ongoing Mundial in USA, Canada and Mexico.

Business

Insider Dealing: Mutual Benefits Director, Ogunbiyi Sells Shares Worth Over ₦6.3 Million

Published

55 minutes ago

June 18, 2026

Preport

BY NKECHI NAECHE-ESEZOBOR—Mutual Benefits Assurance Plc has disclosed an insider transaction involving one of its directors, Dr. Akinade Ogunbiyi, who sold more than 1.5 million shares in the insurance company in a deal valued at over ₦6.3 million.

The disclosure, signed by Jide Ibitayo, Company Secretary, filed with the Nigerian Exchange (NGX) and the investing public, showed that Ogunbiyi, a Non-Executive Director of the company, disposed of 1,507,309 ordinary shares of Mutual Benefits Assurance Plc between June 3 and June 9, 2026.

According to the notification, the shares were sold at prices ranging from ₦4.20 to ₦4.33 per share, placing the total value of the transaction at between ₦6.33 million and ₦6.53 million.

The transaction was reported as an initial notification of insider dealing in line with regulatory requirements that mandate directors and other insiders of listed companies to disclose transactions involving the securities of their companies.

Mutual Benefits Assurance identified the financial instrument involved in the transaction as its ordinary shares, traded on the Nigerian Exchange under the ticker symbol “MBENEFIT.”
Insider dealing notifications are a key component of market transparency and corporate governance, providing investors with information on share transactions undertaken by directors, executives, and other individuals with access to potentially price-sensitive information.

While insider transactions often attract investor attention, market analysts note that such dealings do not necessarily indicate changes in a company’s outlook, as they may be influenced by personal investment decisions, portfolio rebalancing, or other financial considerations.

The disclosed transaction took place in Lagos, Nigeria, and was executed over a seven-day period between June 3 and June 9, 2026.

Mutual Benefits Assurance Plc remains one of the companies listed on the Nigerian Exchange that regularly complies with insider dealing disclosure requirements, reinforcing transparency in the capital market.

The post Insider Dealing: Mutual Benefits Director, Ogunbiyi Sells Shares Worth Over ₦6.3 Million appeared first on Business Today NG.