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Reddit confirms $300M Series D led by China's Tencent at $3B value TechCrunch

https://techcrunch.com/2019/02/11/reddit-300-million/
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Feb 11, 2019 12:44 PM 2+ mon ago

Reddit confirms $300M Series D led by Chinas Tencent at $3B value

Last week TechCrunch reported that Reddit was raising $150 million from Chinese tech giant Tencent and up to $150 million more in a Series D that would value the company at $2.7 billion pre-money or $3 billion post-money. After no-commenting on our scoop, today Reddit confirmed it has raised $300 million at $3 billion post-money, with $150 million from Tencent.

The deal makes for an odd pairing between one of the architects of China's Great Firewall of censorship and one of America's most lawless free-speech forums. Some Redditors are already protesting the funding by trying to post content that would rile Chinese's internet watchdogs, like imagery from Tiananmen Square and Winnie the Pooh memes mocking Chinese President Xi Jinping's appearance.

Reddit is raising a huge round near a $3 billion valuation

The round brings the Conde Nast-majority owned Reddit to $550 million in total funding. Beyond Tencent, the rest ...

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Ahoy, it's doom and gloom for Reddit after the company welcomed investment from Chinese censorship overlord Tencent. The reality is, in fact, it's quite the opposite. In recruitin...

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Reddit is raising a huge round near a $3 billion valuation

Reddit is raising a huge round near a $3 billion valuation

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Reddit is raising a huge round near a $3 billion valuation Reddit is raising $150 million to $300 million to keep the front page of the internet running, multiple sources tell Tec...

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Reddit raises $300M in finance round led by China's Tencent

abcnews.go.com     2+ mon ago

...

Reddit raises $300M in finance round led by China's Tencent

deseretnews.com     2+ mon ago

SAN FRANCISCO -- Social media service Reddit Inc. says it has raised $300 million in a financing round led by Chinese internet giant Tencent. Reddit's CEO, Steve Huffman, told CNBC on Monday that val...

Reddit raises $300 million in finance round led by Chinas Tencent

Reddit raises $300 million in finance round led by China's Tencent

cbsnews.com     2+ mon ago

Social media service Reddit says it has raised $300 million in a financing round led by Chinese internet giant Tencent. Reddit's CEO, Steve Huffman, told CNBC on Monday that value...

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techcrunch.com     9+ mon ago

Dialpad dials up $50M Series D led by Iconiq Dialpad announced a $50 million Series D investment today, giving the company plenty of capital to keep expanding its business communications platform. The...

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Lime raises $310 million Series D round led by Bain Capital Ventures and others Lime just announced it has raised a $310 million Series D round. Led by Bain Capital Ventures, Andr...

Tencent investment in Reddit sparks censorship worry

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phys.org     2+ mon ago

Tencent investment in Reddit sparks censorship worry February 12, 2019 Chinese technology behemoth Tencent...

No, Tencent isnt about to burn Reddit down

No, Tencent isn't about to burn Reddit down

techcrunch.com     2+ mon ago

Ahoy, it's doom and gloom for Reddit after the company welcomed investment from Chinese censorship overlord Tencent. The reality is, in fact, it's quite the opposite. In recruitin...

Tencent leads $297m Series D funding for big data startup Mininglamp

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Reddit: Censorship fears spark criticism of Tencent funding reports

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bbc.co.uk     2+ mon ago

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Online forum Reddit confirms data breach

dailymail.co.uk     8+ mon ago

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Reddit Users Wage 'Meme War' Against Beijing After Tencent Investment

zerohedge.com     2+ mon ago

Mon, 02/11/2019 - 22:05 Reddit have responded with alarm following reports that Chinese tech giant Tencent participated in a $300 million funding round for the website, with users fearing that the co...

Tencent leads $296 million Series D round in Chinese big data solutions provider

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Andreessen Horowitz announces $300M cryptocurrency fund led by Mt. Gox and Silk Road Prosecutor

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Reddit has raised a $300 million investment round led by $150 million cash injection from the Chinese tech titan Tencent. Meanwhile, the San Francisco-based social media site, valu...

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