Your attention, retention and engagement is a lot easier to manage and increase through an app than it is through website.
I'd love to be proven wrong though; what websites see daily, recurring, long time active usage?
Also not to be underestimated is that a mobile app will always have better UX than a website. Think of the subtle things like page transitions. Navigating Reddit still causes full-page reloads, whereas on the app it's a much more organic process. Speed is also an important factor.
Part of that is definitely self-selection, but as some people already said, other notable effects are push notifications, mindshare, loss aversion (you're on somebody's device already, so they can just as well use it) and partly better performance.
So much about the users, but Monetization is much better as well, mostly due to mobile ad-IDs, which especially on iOS lets you extract double the revenue per user due to targeting. Ad blockers are harder to bypass.
In the end, a mobile app will get you anywhere between 2-10x the revenue per user you attracted to your property, so that's why Reddit is pushing so hard.
To stay in Reddit's lingo though:
`LPT: https://old.reddit.com`
It's what I like about HN.. It feels like they don't even care how much users 'engage'. I bet they don't even run a report on it. They just let us do our thing here and not worry about it. As a user this is a much nicer experience.
Do you really think that people would stop going to reddit if they used the site instead of the app on their mobile? (But, of course, the people more prone to recurring visits are more likely to install an app.)
> mobile app will always have better UX than a website
And again, it's reddit we are talking about here. The app experience is just horrible.
Could be the reason why web to app migration practices are followed. best of both worlds.