YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Reddit Inc. confidentially filed for an initial public offering with U.S. securities regulators, Reuters reports.
The company, which was valued at $10 billion in a private fundraising round in August, is hoping to hit a $15 billion valuation by the time it lists its shares publicly.
As of October last year, Reddit had 52 million daily active users and over 100,000 communities.
Read more from Reuters.
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