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such as exact timing and valuation, could change. It would be the first major social media platform to go public since Pinterest’s IPO in 2019. Reddit representatives did not immediately return ...
But to have any chance of sparking an exit trend, it needs to get one thing right: its valuation. Investors who buy at the IPO want upside on their investment, so Reddit has to price itself at the ...
Reddit's IPO could mark a turning point in the tech offering market, following a drought since Pinterest in 2019. While most of the media hype is centred around the valuation, here's a little peek ...
expected to be listed at an IPO price of between $31 and $34 per share. The offering would give Reddit a top valuation of about $6.4 billion — less than the $10 billion it had been valued at in ...
Reddit is targeting a valuation of up to $6.4 billion as it gets ... increased expectations for tech company profitability. The IPO would raise $748 million at the top of the price range, and ...
Overall, Reddit is seeking a $6.4 billion valuation with the IPO. That’s less than the $10 billion valuation that Reddit targeted when it announced its last funding round in 2021. Some investors ...
Reddit is eyeing an initial public offering as early as the first quarter of 2024. Potential investors are advising it to target at least a $5 billion valuation, Bloomberg reported. Investors are ...
It hasn’t given an updated count since then, though its IPO filing said the site saw 500 million visitors in December 2023. Reddit’s low valuation is partially driven by the company’s ...
Reddit stock price bounced back on Tuesday as the company launched new artificial intelligence (AI) tools. Is RDDT a good buy ...
Shares of Reddit ( RDDT 5.57%) were moving higher this week after the company launched two new AI-powered advertising tools ...