"Reddit Set to Go Public with March IPO"

Reddit is planning to launch its initial public offering (IPO) in March, seeking to sell about 10% of its shares and aiming for a valuation closer to the time of the listing. The company, valued at about $10 billion, generates revenue primarily through advertising and premium access, but has yet to turn a profit. The IPO would test the willingness of Reddit users to back the company's stock market debut, and could be pushed back due to confidential deliberations.