REDDIT SEEKS TO LAUNCH IPO IN MARCH
- NEWS Desk Global
- Jan 18, 2024
- 1 min read
Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according to people familiar with the matter. It would be the first IPO of a major social media company since Pinterest's (PINS.N), opens new tab debut in 2019, and would come as Reddit and its peers face stiff competition for advertising dollars from the likes of TikTok and Facebook (META.O), opens new tab.
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