Friday 13 August 2021

Reddit is now valued at more than $10 billion

Reddit is now valued at more than $10 billion

Reddit, the self-declared ‘front page of the internet,’ says it is now valued at more than $10 billion after raising an additional $410 million in funding, with the final round expected to grow to up to $700 million. The company continues to build and sanitize its business, removing racist, misogynist, and otherwise controversial communities, as it prepares to go public at some point in the future.
Read more: https://www.theverge.com/2021/8/12/22621445/reddit-valuation-revenue-funding-round?source=Snapzu

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