Reddit to raise $700 million at over $10 billion valuation

  • 8/12/2021
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Aug 12 (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)

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