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

By on
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 ...

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:
finance reddit

Sponsored Whitepapers

7 guidelines to deliver tangible results quickly
7 guidelines to deliver tangible results quickly
Power your firm's intelligent digital workplace with digital document processes
Power your firm's intelligent digital workplace with digital document processes
Give your employees a positive UX
Give your employees a positive UX
Customer Identity and Access Management for Dummies
Customer Identity and Access Management for Dummies
Modernise Government Agencies with Oracle's next-generation cloud services
Modernise Government Agencies with Oracle's next-generation cloud services

Events

Most Read Articles

Major banks' online services, airline systems go down

Major banks' online services, airline systems go down
Akamai routing error caused widespread outages

Akamai routing error caused widespread outages
Labor introduces bill to mandate ransomware payment reporting

Labor introduces bill to mandate ransomware payment reporting
Future NBN pricing may have more options and constraints

Future NBN pricing may have more options and constraints

Log In

Email:
Password:
  |  Forgot your password?