Reddit will raise up to $700 million in a fundraising round led by Fidelity Management, the social media network said on Thursday, cashing in on a jump in its influence in the financial world to triple its valuation to over $10 billion.
The Pixar film “Luca,” the Marvel series “Loki” and the live-action movie “Cruella” helped attract 12.4 million new subscribers to Disney’s streaming service.
Reddit will raise up to US$700 million in a fundraising round led by Fidelity Management, cashing in on a jump in its influence in the financial world to triple its valuation to over US$10 billion.
Reddit is now valued at over $10bn: Report prokerala.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prokerala.com Daily Mail and Mail on Sunday newspapers.
Reddit Is Now Valued At Over $10bn: Report glamsham.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from glamsham.com Daily Mail and Mail on Sunday newspapers.