finance round led

SAN FRANCISCO | Reddit raises $300M in finance round led by China’s Tencent

SAN FRANCISCO (AP) — Social media service Reddit Inc. says it has raised $300 million in a financing round led by Chinese internet giant Tencent. Reddit’s CEO, Steve Huffman, told CNBC on Monday that values the privately held company at $3 billion. Half the new money came from Tencent, Asia’s most valuable tech company. Other … Continue reading SAN FRANCISCO | Reddit raises $300M in finance round led by China’s Tencent