Future Tech

Reddit eyes up to $6.5 billion valuation in IPO, WSJ reports

Tan KW
Publish date: Sat, 02 Mar 2024, 04:42 PM
Tan KW
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Future Tech

 Social media platform Reddit is eyeing a valuation of up to $6.5 billion in its initial public offering, the Wall Street Journal reported on Friday.

The company is planning to target a price range of $31 to $34 a share, the report said, citing people familiar with the matter.

Reddit did not immediately respond to a Reuters request for comment.

 


  - Reuters

 

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