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

By
Follow google news

Funding round led by Tencent Holdings.

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

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:

Most Read Articles

CBA runs early test of "frontier" AWS AI agent

CBA runs early test of "frontier" AWS AI agent

Macquarie Group unveils Dexd, its "developer experience daemon"

Macquarie Group unveils Dexd, its "developer experience daemon"

CBA wants agents to initiate application modernisation

CBA wants agents to initiate application modernisation

HESTA draws APRA's ire over massive tech replatforming project

HESTA draws APRA's ire over massive tech replatforming project

Log In

  |  Forgot your password?