China investing in reddit
Reddit is blocked in China, but that isn’t stopping one of the country’s largest technology firms, Tencent from making a massive investment to help keep the “Internet’s front page,” moving full speed ahead. Reddit is said to be raising between $150 million Reddit has received a $150 million investment from Tencent, the Chinese tech giant behind WeChat and League of Legends, sparking fears of censorship from Reddit users. The investment was first rumored last week, and led to Reddit users posting photos and memes banned in China in protest of Tencent’s involvement. Reddit Inc. said Monday that it raised $300 million from investors. It was one backer, in particular, that drew condemnation from members of Reddit’s online community. Chinese internet giant Tencent Holdings Ltd. was among the investors in the round, which values the link-sharing website at $3 billion. Reddit is about to get a huge new round of investment of up to $300 million, reports TechCrunch. The first $150 million is reportedly expected to come from the Chinese tech giant Tencent, the first ever Asian technology company to pass a $500 billion market value.
China needs an estimated additional RMB 40.3 trillion ($6.4 trillion) to RMB 123.4 trillion ($19.4 trillion) to finance the transition to a greener economy. It has started collecting an environment tax to help fund its environmental policies, and is also trying to attract more green investment.
12 Feb 2019 Reddit users protest Tencent's investment in the site by posting images censored by China / u/IR_Smart r/pics Reddit. twitter share button 11 Feb 2019 A reported investment by Chinese tech giant Tencent in Reddit has sparked China has a strict internet censorship regime known as the Great 11 Feb 2019 Some of Reddit's most popular communities were flooded with anti-China posts; The posts were driven by the news of a potential investment from 13 Feb 2019 The amount Tencent is investing in Reddit. Images of the storybook bear were reportedly banned online in China after bloggers used them to 13 Feb 2019 Led by Chinese tech giant Tencent Holdings (which contributed $150 million) and joined by a group of Reddit's previous investors, the capital 14 Mar 2019 Adding to the concerns for some is the fact that Reddit recently received a $150 million investment from Tencent, the Chinese technology giant
Reddit is blocked in China, but that isn’t stopping one of the country’s largest technology firms, Tencent from making a massive investment to help keep the “Internet’s front page,” moving full speed ahead. Reddit is said to be raising between $150 million
Reddit is about to get a huge new round of investment of up to $300 million, reports TechCrunch. The first $150 million is reportedly expected to come from the Chinese tech giant Tencent, the first ever Asian technology company to pass a $500 billion market value. The Citizen Lab reported that Tencent has discovered ways to censor images within messages, so that if someone shares a meme with information that is forbidden to share in China, the algorithm will automatically change the luminosity, lightness, and shade in order to gray out the text. And this is the company that is investing in Reddit. As news that Chinese company Tencent will invest $150 million in Reddit ricocheted across the popular aggregation website, Redditors expressed fears about censorship — and shared a lot of Winnie the Pooh and Tiananmen Square pictures. We would like to show you a description here but the site won’t allow us.
With the Tencent investment it simply seems like censorship is officially a part of Reddit's business model. A small amount of random people/mods who "got there
Monetary deals that end up becoming full or partical ownership of important infrastructure. This is nothing more. Reddit makes money. If China owns a third then Reddit search function has always been a disaster. It's just incompetence and unwillingness to do something about it. Luckily you can add "site:reddit.com" to your With the Tencent investment it simply seems like censorship is officially a part of Reddit's business model. A small amount of random people/mods who "got there 8 Feb 2019 Reddit is said to be raising between $150 million and $300 million as part of a Series D fundraising round led by Tencent. The round is being 11 Feb 2019 Reddit Inc. said Monday that it raised $300 million from investors. It was one backer, in particular, that drew condemnation from members of 6 Feb 2019 Reddit is looking to take a lot of money from Chinese investors raising its value to over $2.7 billion. Turns out memes are worth quite a bit. 12 Feb 2019 Reddit users protest Tencent's investment in the site by posting images censored by China / u/IR_Smart r/pics Reddit. twitter share button
Reddit has received a $150 million investment from Tencent, the Chinese tech giant behind WeChat and League of Legends, sparking fears of censorship from Reddit users. The investment was first rumored last week, and led to Reddit users posting photos and memes banned in China in protest of Tencent’s involvement.
12 Feb 2019 A move by Chinese tech titan Tencent to co-invest $300 million in American social news aggregator Reddit is part of its aggressive investment 27 Feb 2020 CEO and co-founder of Reddit Steve Huffman called TikTok 'fundamentally by the top boss of Reddit in a string of scathing comments about the Chinese app. It was a gathering of investors and entrepreneurs at a one-day
protest against its actions in the past. The site has long been banned in China, according to researcher GreatFire.org. The free speech campaign by Reddit users may ensure that remains the case Both of those facts make investing in American newsboard Reddit a savvy diversification, even if Reddit isn’t accessible in China. Reddit could seek to fill out its round with up to $150 million Reddit is about to get a huge new round of investment of up to $420 million, reports TechCrunch.The first $210 million is reportedly expected to come from the Chinese tech giant Tencent, the first