![]() Reddit has not disclosed the number of shares to be offered or the valuation it seeks with the IPO. Huffman told the New York Times in August that Reddit was ‘still planning on going public’ but didn’t have a firm timeline, adding that ‘all good companies should go public when they can’. The company has said earlier this year that it planned to double its staff by the end of 2021 to around 1,400 employees. but i am giving rank based on all these following features. In recent years, it has introduced policies to clamp down on hate groups, prostitution and other illegal activity.Īs of August, the company reported around 52 million daily users on more than 100,000 active subreddits. Answer (1 of 4): There are many Free Sudoku Apps(contains Ads) available in Google Play Store. Reddit is home to the internet’s most diverse message boards. In comparison, Facebook had nearly 2 billion daily active users in September, while Twitter had 211 million daily active users.Īmong its investors are venture capital firms like Andreessen Horowitz, Sequoia Capital, Tencent Holding and even rap star Snoop Dogg. The San Francisco-based company was founded in 2005 by Steve Huffman and Alexis Ohanian.Īs of January, Reddit had more than 52 million daily active users and over 100,000 communities. In September, Reuters had reported that the company was hoping for a more than £11 billion valuation by the time it planned for an IPO.
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