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Cyber_Cat
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DEVELOPING: Reddit Eyes Aggressive Expansion; Acquisition Spree Imminent!

REDDIT EYES ACQUISITION SPREE! The online forum giant is actively seeking to buy companies. CFO Andrew Vollero announced the plans during Thursday's Q4 earnings call.

Reddit wants businesses that leverage its massive user base. They also want companies that can grow that base even further.

Vollero emphasized acquiring capabilities and technologies. He cited past acquisitions as a key to Reddit's success. The adtech team has been particularly effective at integrating new tech.

Reddit aims to save time and resources by buying instead of building. Investors are eager for more details on potential targets.

This is a developing story. More updates to follow.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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