<p>Reddit said on Tuesday it had received a letter from Nokia Technologies accusing the social media platform of patent infringement and was now evaluating the claim.</p>.Reddit targets up to $6.4 billion valuation in much-awaited US IPO.<p><a href="https://www.deccanherald.com/business/markets/reddits-ipo-as-much-as-five-times-oversubscribed-sources-say-2940803">Reddit is scheduled to go public</a> this week in one of the most high-profile initial public offerings of recent years. It is targeting a valuation of up to $6.5 billion.</p>
<p>Reddit said on Tuesday it had received a letter from Nokia Technologies accusing the social media platform of patent infringement and was now evaluating the claim.</p>.Reddit targets up to $6.4 billion valuation in much-awaited US IPO.<p><a href="https://www.deccanherald.com/business/markets/reddits-ipo-as-much-as-five-times-oversubscribed-sources-say-2940803">Reddit is scheduled to go public</a> this week in one of the most high-profile initial public offerings of recent years. It is targeting a valuation of up to $6.5 billion.</p>