Vimeo revenue jumps 54 percent in 2018, paying subscribers near one million

By Arjun Panchadar and Pushkala Aripaka (Reuters) - Online video platform Vimeo's revenue jumped 54 percent last year as its subscriber base surpassed 950,000, its parent group IAC said on Thursday. The figures highlight the rising interest in alternate video platforms which are much smaller than market leader YouTube but are growing by serving a niche customer base.

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