According to Bloomberg, as the social media company continued to lose money, Reddit filed for an IPO to go public.

Tens of millions of people use the community-focused message board site Reddit every day, and on Thursday afternoon, the site submitted an S-1 form to the Securities and Exchange Commission.

The 20-year-old social media startup, which is unprofitable, initially submitted a confidential IPO application in the second half of 2021 but was not successful in becoming listed. A...