Reddit, Inc. (RDDT)

Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue primarily through advertising and data licensing agreements.

Industry: Services-Computer Processing & Data Preparation (SIC 7374)

Market region: US

Address: 303 2Nd Street, South Tower, 5Th Floor, San Francisco, CA, 94104

Market capitalization

18.36 billion USD (18,363,213,818 USD)

Listing date

03/21/2024

Weighted shares outstanding

193,093,731

Share class shares outstanding

146,942,127

https://www.reddit.com