Right-wing Video Site Rumble Grows, As Does Its Misinformation
The video-sharing platform Rumble, flush with cash after a $400 million investment, is pushing toward its goal of becoming the YouTube for American conservatives, even as it faces criticism for allowing misinformation and conspiracy theories to proliferate.
Its monthly active user base rose to 80 million at the end of December, more than double the year-earlier figure, the company said on Thursday.
And although it posted a net loss of $11.4 million, annual revenues -- mostly from advertising -- quadrupled in the past 12 months to $39.3 million
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