FILE PHOTO: Reddit app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration

August 12, 2021

(Reuters) – Social media platform Reddit said on Thursday it will raise up to $700 million in a late-stage funding led by Fidelity Management and Research Company LLC, giving it a post-money valuation of over $10 billion.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Arun Koyyur)


Source: One America News Network

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