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By Charlie Conchie Social media site Reddit filed for a hotly anticipated IPO on the New York Stock Exchange yesterday with plans for an unusual offering to allow its users to buy into the stock on debut. In an IPOfiling to US regulators, the social media site also revealed its losses had narrowed to $90.8m (£72m) while revenues had swelled 21 per cent to $804m (£634m) in 2023. The float is set to be a major test for the platform which has lagged behind the commercial success of rivals like Facebook and Twitter. In its filing, Reddit said the IPO would allow its users to buy into the stock on …

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