Reddit Worth $6 Billion after $250 Million Funding Round Amid WSB Mania

Reddit doubles its valuation to $6 Billion after raising another $250 million in a Series E fundraising round, as announced by the company on Monday night. The news comes just weeks after the social media platform made the headlines for facilitating the discussions of day trading hedge fund disruptors in its subreddit r/WallStreetBets.

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