OpenAI strikes deal to bring Reddit content to ChatGPTThe deal underscores Reddit's attempt to diversify beyond its advertising business, and follows its recent partnership with Alphabet to mak...
17 May, 2024, 07.21 AM IST
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 options launch draws bulls, as shares soarReddit shares soared 48% on the New York Stock Exchange as the company went public on Thursday, despite posting no annual profit since its ...
26 Mar, 2024, 07.42 AM IST
Reddit may need to ramp up spending on content moderation, analysts sayThe newly listed company had warned in its initial public offering (IPO) paperwork that it depended on moderators to "engage in good faith"...
22 Mar, 2024, 09.43 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 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 set for hotly anticipated debut after pricing IPO at top of rangeSocial media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange on Thursday, in a test of investor ...
21 Mar, 2024, 07.37 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
Social media company Reddit set for NYSE debut after IPOThe Reddit social network was set to make its trading debut Thursday after pricing robustly in an initial public offering that suggested gr...
21 Mar, 2024, 07.40 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 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 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 seeks to hire advisers for US IPO: SourcesReddit was valued at $10 billion in a private fundraising round last month. By the time the IPO takes place early next year, Reddit hopes i...
03 Sep, 2021, 08.56 AM IST