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Reddit's planned IPO aims to raise up to $748 million | Fortune

Retrieved on: 2024-03-10 23:23:04

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Reddit's planned IPO aims to raise up to $748 million | Fortune. View article details on HISWAI: https://fortune.com/2024/03/10/reddit-ipo-tech-social-media-wallstreetbets/

Summary

The article discusses Reddit's planned IPO, its valuation, share allocation to early users and moderators, and the platform's potential growth in advertising and AI data licensing, particularly mentioning Reddit's co-founder Steve Huffman and investor Tencent.

Article found on: fortune.com

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