Now playing Next Business Reddit's fans set to grabbit as supporters pile in for stock The social media platform plans to go public on Thursday looking to raise up to $748 million through the sale of 22 million shares. 18/03/2024
Now playing Next Business Reddit set to go public: Shares from $31 expected this month Social media company Reddit is expected to become public this month. The San Francisco-based company said on Monday it is looking to raise almost $750 million (€686 million) in an initial public offering of its common stock. 11/03/2024
Now playing Next Business Reddit files for initial public offering, privileging active users The San Francisco-based firm is set to make its stock market debut in March, the first social media IPO since Pinterest went public in 2019. 23/02/2024
Now playing Next Business Reddit reportedly planning March IPO launch Online discussion platform Reddit is preparing to launch its initial public offering (IPO) amid revenue struggles, according to Reuters. 19/01/2024
Now playing Next Markets What is the outlook for IPOs in 2024? Here's the companies to watch With 2023 being somewhat disappointing in terms of initial public offerings, investors are looking ahead to see what’s in store for the IPO market in 2024. 27/12/2023
Now playing Next Tech News Reddit blackout continues 'indefinitely' over API access fees A two-day Reddit protest is set to continue indefinitely, with the website’s volunteer moderators saying they will maintain the social media site’s blackout unless its owners back down over new user fees. 15/06/2023
Now playing Next Tech News Reddit protest: Why did thousands of subreddits go dark? Reddit users couldn't access popular subreddits on Monday after communities protested against the platform's data access plans. 13/06/2023