Social media platform Reddit priced its initial public offering at the top of its targeted range of $31 to $34 per share on Wednesday, raising $748 million and giving the ailing technology IPO market a much-needed boost. Reddit's 100,000 online forums, dubbed "subreddits," allow conversations on topics ranging from "the sublime to the ridiculous, the trivial to the existential, the …
Reddit Inc. and its selling shareholders raised $748 million, pricing shares in an initial public offering at the top of a marketed range, the second big tech listing in as many days. The IPO is being led by Morgan Stanley, Goldman Sachs Group Inc., JPMorgan Chase & Co. and Bank of America Corp., according to Reddit’s filings. Reddit’s IPO tops …
Reddit IPO: Reddit and its investors are seeking to raise as much as $748 million through its initial public offerings which would be one of the biggest IPOs so far this year. Through the IPO, the social media platform plans a sale of 22 million shares for $31 to $34 each, Bloomberg reported citing people in the know. The company …
Waterbodies in north Chennai may soon get a facelift with the Greater Chennai Corporation proposing to take up improvement works in 10 ponds across five zones at a cost of ₹748.71 lakh. Five of these waterbodies are in Zone III — Thamarai Kulam in Valluvar Street, Ramachandra Pond, Oothukulam at Lakshmi Nagar Third Street, Chavadi Kulam and Teachers Colony Kulam. …
The Avro Hawker Siddeley HS748, a twin-engine turboprop military transport and freighter of British origin, has been used by the Indian Air Force since the 1960s. Now, the IAF will replace this ageing fleet with the Airbus’ C-295, which will be manufactured in Vadodara It’s time to bid adieu to the Indian Air Force’s Avro 748 planes. Before the new …
The country's total coal production rose 6.74% to 74.78 million tonnes in December as compared to the same period in 2019, the government on Wednesday said. Out of the total production during December last year, Coal India Ltd achieved a growth of 3.79% by producing 60.22 MT. "India's total coal production increased by 6.74 per cent to 74.78 MT during …
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