Tuesday, 12 February 2019

Latest News - Will Tencent’s Massive Investment Help $3 Billion Reddit Take Down Facebook & Google’s Ad Duopoly?

Latest News - Will Tencent’s Massive Investment Help $3 Billion Reddit Take Down Facebook & Google’s Ad Duopoly? - how are you, friend Latest News , The article that you read this time with the title, namely Latest News - Will Tencent’s Massive Investment Help $3 Billion Reddit Take Down Facebook & Google’s Ad Duopoly?, we have prepared this article very well for you to read and take information in it. hopefully the post content Artikel Bitcoin, Artikel Cryptocurrency News, Artikel news, Artikel trading, I hope the articles we write can be well understood. alright, happy reading.

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American social news aggregation site Reddit has raised $300 million in a Series D funding round at a market valuation of $3 billion. The capital injection was led by Chinese multinational conglomerate Tencent Holdings who invested $150 million into the social site. So far, Reddit has raised $550 million in total from a myriad of investors including Sequoia, Fidelity, and Andreessen Horowitz. Are Reddit and Tencent Strange Bedfellows? The deal has led to an outrage online as Redditors are protesting the odd pairing of the Chinese juggernaut who is known for censoring topics the government wants and the free-speech forum,

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