Reddit Raises $300 Million at $3 Billion Valuation
Monday, 11 February 2019
Reddit has raised a new $300 million round of funding from investors including Tencent, Sequoia, Fidelity and Andreessen Horowitz among others.
Credit: TomoNews US - Published
on February 12, 2019 < > Embed
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... ▶ Reddit takes Tencent cash, sparks user backlash 01:46
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Reddit Receives $150 Million From Chinese Censorship Company
Reddit has raised $300 million in investments this round, led by $150 million in cash from the Chinese tech company Tencent. Gizmodo reports the San Francisco-based social media site, valued at $3..
Credit: Wochit Duration: 00:47 Published on February 11, 2019
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