Reddit, the 'American version of Tieba,' is considering going public in the first quarter of next year, with a valuation potentially reaching as high as $15 billion.

Zhitong
2023.11.27 23:59
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Zhitong App has learned that Reddit, a social media and news aggregation website known as the "American version of Tieba," is reportedly evaluating an initial public offering (IPO) as early as the first quarter of next year, with a valuation potentially reaching $15 billion. In addition, SKIMS, the personal clothing brand created by American celebrity Kim Kardashian, is discussing various options, including a possible IPO as early as next year. SKIMS was valued at $4 billion this summer.

Zhitong App has learned that Reddit, a social media and news aggregation website known as the "American version of Tieba," is reportedly evaluating an initial public offering (IPO) as early as the first quarter of next year, with a valuation that could reach $15 billion.

In addition, SKIMS, the personal clothing brand created by American celebrity Kim Kardashian, is discussing various options, including an IPO as early as next year. SKIMS was valued at $4 billion this summer. Rubrik, a cloud computing and data security startup supported by Microsoft, is also considering an IPO as early as the first quarter of next year.

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