Cryptopolitan
2024-03-18 00:38:18

Reddit IPO draws major interest, targets $6.5 billion valuation

Reddit is on the path to public trading, aiming for a valuation of $6.5 billion. Reuters reports that the social media platform’s initial public offering (IPO) has attracted considerable attention, becoming oversubscribed by four to five times. This level of interest from investors underscores the anticipation surrounding Reddit’s transition to a publicly traded company. Despite

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.