According to Reuters, citing people familiar with the matter, social media platform Reddit has made detailed plans to launch its initial public offering (IPO) in March and is seeking to sell about 10% of its shares in the IPO. Two sources said that Reddit secretly submitted its IPO application in December 2021, planned to submit the application publicly at the end of February, launch the roadshow in early March, and complete the IPO at the end of March. In addition, the source also said that Reddit's IPO plan may be delayed as before.