Reddit valued at $3bn after raising US$300 million

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Reddit valued at $3bn after raising US$300 million

Funding round led by Tencent Holdings.

Social media network Reddit Inc said on Monday it raised US$300 million in its latest funding round, led by Tencent Holdings Ltd, giving it a market valuation of US$3 billion. The series D funding round saw a US$150 million investment from Tencent and the company's former investors, including ...

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