Reddit Inc, in collaboration with its investors, is gearing up for what could be a groundbreaking Initial Public Offering (IPO), targeting to raise up to $748 million.
According to Bloomberg, this move would position Reddit among the major IPOs of the year, marking a significant milestone for the social media platform.
Reddit Inc. and its investors are seeking to raise as much as $748 million in what would be one of the biggest initial public offerings (IPO) so far this year, according to people familiar with the matter. The social media platform and some of its current shareholders plan a sale…