Reddit aims to raise $748 million in planned IPO: report

According to a report from Bloomberg, the company is planning a sale of 22 million shares at $31-$34 per share.

By Reuters | Updated: Mar 11, 2024, 09.19 AM IST

Media platform Reddit and its investors are seeking to raise as much as $748 million in its initial public offering, Bloomberg News reported on Sunday.

The company is planning a sale of 22 million shares at $31-$34 per share, Bloomberg reported, citing people familiar with the matter.

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