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Tencent Leads $300 Million Funding Round for Reddit

Billboard.com Wednesday, 13 February 2019
Tencent Leads $300 Million Funding Round for RedditSocial media service Reddit Inc. says it has raised $300 million in a financing round led by Chinese internet giant Tencent. Reddit's CEO, Steve...
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News video: Reddit takes Tencent cash, sparks user backlash

▶ Reddit takes Tencent cash, sparks user backlash 01:46

SAN FRANCISCO — Last week reports came out Chinese tech monstrosity Tencent would be investing $150 million in Reddit. China—for those who have been living under a rock—has the greatest internet. The only problem? It doesn't actually connect to the outside world and comes with just a pinch...

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