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Reddit to go public

It has been stated that the popular social media platform Reddit is preparing for an initial public offering.

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Reddit to go public

According to Bloomberg, the social news site Reddit, considered one of the internet's largest discussion platforms, is preparing for an initial public offering (IPO) with a valuation of at least 5 billion dollars.

According to a Reuters report, the IPO process is planned to be completed by the end of March.

The company will thus be able to be traded on the stock exchange.


News Source: 12punto

Bloomberg stock market IPO Platform Reddit