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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Reddit aims for IPO in second half of 2023 – The Information

    Published by Uma Rajagopal

    Posted on February 15, 2023

    Featured image for article about Top Stories

    (Reuters) – Social media platform Reddit Inc is looking to go public later this year, likely in the second half, the Information reported on Tuesday, citing people familiar with the matter.

    Reddit and other firms including grocery delivery firm Instacart are keeping their initial public offering paperwork up to date, in preparation for their debuts when market conditions improve, the report added.

    Reddit did not immediately respond to Reuters’ request for comment.

    The IPO market had come to a virtual standstill last year with several high-profile listings on ice as a selloff in high-growth tech stocks and volatility in the capital markets soured investor sentiment.

    In December 2021, Reddit had confidentially filed for an initial public offering with the U.S. securities regulator, after the company’s message boards became the go-to destination for day traders during the meme stock frenzy.

    (Reporting by Manya Saini in Bengaluru; Editing by Krishna Chandra Eluri and Shinjini Ganguli)

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