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Reddit hasn’t turned a profit in nearly 20 years, but it just filed to go public anyway — CNN

By TechTaffy Desk

Reddit — which is not yet profitable — says it seeks to grow its business through advertising, more e-commerce offerings and by licensing its data to other companies to train their artificial intelligence models, writes Clare Duffy and John Towfighi.

Here is the link: https://www.cnn.com/2024/02/23/tech/reddit-ipo-filing-business-plan/index.html

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