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 shares end trading up 48% in market debutWhile Reddit still relies on advertising for the vast majority of its revenue, it touted AI in its IPO marketing roadshow as an area of gro...
22 Mar, 2024, 07.51 AM IST
Reddit shares open 38% above IPO priceThe San Francisco, California-based company priced its IPO at the top end of the $31 to $34 range. The IPO valued Reddit at $6.4 billion, w...
21 Mar, 2024, 11.43 PM IST
Reddit, the self-anointed the 'front page of the internet,' set to make its stock market debutReddit's IPO at $34/share on NYSE as 'RDDT' marks a significant milestone for the platform, attracting notable investors and focusing on re...
21 Mar, 2024, 11.42 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
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 receives FTC inquiry on AI-related deals ahead of IPOReddit denies unfair trade practices in the FTC inquiry on user-generated content. They received the FTC letter on March 14 and signed a $6...
16 Mar, 2024, 08.57 AM IST
Reddit’s long, rocky road to an initial public offeringThis week, as Reddit began a roadshow to appeal to potential investors, the hurdles it faced were apparent. The company said it was aiming ...
15 Mar, 2024, 08.57 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 aims to raise $748 million in planned IPO: reportAccording to a report from Bloomberg, the company is planning a sale of 22 million shares at $31-$34 per share.
11 Mar, 2024, 09.19 AM 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
Reddit says it has filed with SEC to go publicReddit Inc said in a statement that it has "confidentially submitted a draft registration statement on Form S-1 with the Securities and Exc...
16 Dec, 2021, 10.23 AM IST