Wall Street brokerages start Reddit coverage with skepticism on user growthJ.P.Morgan and Morgan Stanley started coverage on Reddit with equivalent to "hold" ratings, as they wait for clarity on the social media co...
15 Apr, 2024, 05.03 PM IST
Reddit soars after NYSE debut: here are top things to knowSocial media company Reddit made a stellar debut on the bourses. Reddit's IPO raised $748 million after it was priced at the top end of the...
22 Mar, 2024, 08.13 PM IST
How Reddit stacks up against social media peersReddit's market debut raises questions on its comparison with social media giants. Despite niche user base, it lags in revenue and valuatio...
22 Mar, 2024, 08.58 AM IST
Reddit prices IPO at top of indicated range to raise $748 millionSocial media platform Reddit priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, rais...
21 Mar, 2024, 08.23 AM IST
IPO-bound Reddit discloses patent infringement complaint from NokiaReddit, which has been involved in patent infringement litigation in the past, is targeting a valuation of up to $6.5 billion for its IPO i...
19 Mar, 2024, 05.04 PM IST
Reddit's IPO as much as five times oversubscribedReddit's oversubscribed IPO targets $6.5 billion valuation, seeking $748 million. Focus on niche topics, user moderators, and meme-stock sa...
18 Mar, 2024, 09.14 AM IST
Reddit targets up to $6.4 billion valuation in much-awaited US IPOThe IPO, a major litmus test for investors' appetite for new listings, will come more than two years after the company began preparations t...
11 Mar, 2024, 03.52 PM IST
Reddit seeks up to $6.5 billion valuation in IPO, source saysReddit plans a $6.5 billion IPO, with shares priced at $31-$34. It had a net loss of $90.8 million, but revenue grew 21% in 2023. Niche dis...
02 Mar, 2024, 09.00 AM IST
OpenAI’s Sam Altman stands to rake in over $400 million from Reddit IPOAltman is the third-largest shareholder in Reddit owning an 8.7% stake comprising 789,456 Class A shares and 11.4 million supervoting Class...
24 Feb, 2024, 03.54 PM IST
Reddit's US IPO filing reveals $90.8 million losses, 21% revenue growth in 2023The initial public offering (IPO) filing comes almost two decades after Reddit's launch and will be a major test for the platform that stil...
23 Feb, 2024, 09.16 AM IST
Reddit signs content licensing deal with AI company ahead of IPO: reportAccording to a Bloomberg report, Reddit, which is eyeing an initial public offering (IPO) launch, has told prospective investors that it si...
17 Feb, 2024, 09.10 AM IST
Reddit seeks to launch IPO in MarchSocial media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listin...
18 Jan, 2024, 06.19 PM IST
Familiar names throw their hats in 2024 IPO market revival ringThough bankers remain broadly upbeat about 2024, even they admit that after months of headfakes failed to sustain activity, a true return t...
18 Dec, 2023, 05.30 AM IST
Reddit eyes IPO in second half of 2023: reportReddit and other firms including grocery delivery firm Instacart are keeping their initial public offering paperwork up to date, in prepara...
15 Feb, 2023, 12.10 PM IST
Reddit taps Morgan Stanley, Goldman Sachs for IPOReddit had confidentially filed for an IPO in December and is aiming for a valuation of over $15 billion at the time of its flotation. It w...
08 Jan, 2022, 10.49 AM IST
Reddit taps Morgan Stanley, Goldman Sachs for IPOReddit had confidentially filed for an IPO in December and is aiming for a valuation of over $15 billion at the time of its flotation. It w...
08 Jan, 2022, 10.28 AM IST
Reddit files for US IPOSocial media platform Reddit has confidentially filed for a proposed IPO to the US Securities and Exchange Commission.
16 Dec, 2021, 08.42 AM IST