Reddit tencent investment

Author: wyqi

August undefined, 2024

WebFeb 5, 2024 · Reddit is raising $150 million to $300 million to keep the front page of the internet running, multiple sources tell TechCrunch. The forthcoming Series D round is said to be led by Chinese tech... WebFeb 12, 2024 · Reddit confirms $300M Series D led by China’s Tencent at $3B value A rite of passage Tencent is definitely not in control of the agenda, as anyone with an eye on tech in China can tell you....

Tencent company profile - A Chinese Company Investing in Indian …

WebThe pending Chinese investment in Reddit, a social media company with relatively little Chinese-language community, is a richer twist on that old tale, and it’s a part of Tencent’s expanding ... WebFeb 14, 2024 · Tencent’s investment equals just 5% of Reddit’s total valuation, making them hardly the only voices in the room. A relic of an older internet If Reddit is going to change, it will be for financial, not political, reasons. The world of social media is changing, and the typical Redditor is no longer the typical internet user. hambures

Tencent Buys Stake In Another U.S. Social Network -- Reddit

WebFeb 8, 2024 · Tencent will reportedly invest $150 million in Reddit, which would make it one of the social platform's top stakeholders. Publisher Condé Nast acquired a majority stake in 2006, and that stake... WebFeb 12, 2024 · Reddit Inc. said Monday that it raised $300 million from investors. It was one backer, Chinese internet giant Tencent Holdings Ltd., that drew condemnation from members of Reddit’s online community. burn for me ilona andrews read online

Reddit raises $300 million at $3 billion valuation

WebFeb 15, 2024 · In total, Tencent has invested $300 million in Reddit at a valuation of $3 billion or less. Based on a valuation of $10 billion in 2024, the investment by Tencent has … WebThe latest news and quality discussion of Tencent Holdings (HKG:0700) (OTCMKTS:TCEHY) hamburan rutherford pdfWebIn February, Chinese company Tencent invested $150 million into Reddit. source. This means Tencent has a small 5% ownership stake in Reddit based on a market valuation of 3 billion. That means Tencent investments probably gets 1 board seat on Reddit. The rest of the board seats are set for other partners. burnfort church

"WebTencent owns so so so so much more I bet most that don't follow the company won't even knew about... $150mil USD to them is like pocket change that they aren't even gonna … " - Reddit tencent investment

Reddit tencent investment

Reddit raises $300 million from Tencent at $3 billion …

WebFeb 11, 2024 · Reddit has raised a new $300 million round of funding from investors including Tencent, Sequoia, Fidelity and Andreessen Horowitz among others. The new … WebUpdate: Reddit confirmed the deal Monday morning, saying that it raised $300 million in a funding round led by Tencent and joined by several of the site’s existing investors. The …

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WebDec 18, 2024 · The Reddit IPO could see strong demand from retail traders and funds, knowing the value of demand for shares. Price Action: Tencent shares are down 21% year … WebApr 8, 2024 · Tencent’s biggest shareholder has sold $14.7 billion worth of shares in the Chinese social media and gaming giant, and will use the money to invest in other growth ventures.. Prosus , a spin-off ...

WebAug 7, 2024 · Below is a list of some of Tencent’s biggest U.S. and international investments: UNITED STATES *Tesla Inc TSLA.O: Tencent bought 5% of the electric vehicle maker for $1.78 billion in 2024.... WebApr 12, 2024 · The global investment firm first began selling shares of TCEHY in June of 2024 in an attempt to shore up capital for share buybacks. As of January, Prosus had sold more than 193 million shares...

WebApr 27, 2024 · Although Tencent mainly invests in tech companies, it is somewhat of an appropriate nickname for it because like Berkshire, Tencent is a big conglomerate company. It has invested in over 800... WebJul 28, 2024 · Tencent also invested $150 million in Reddit in 2024, angering some Reddit users in the process who were concerned that the platform may experience more censorship. However, this does not...

WebHow do you value Tencent? Currently, Tencent has a market cap of 619.72b, with a P/E of 24 and P/fcf (trailing 12 months) of 22 (Do not forget the investment portfolio, as well). fcf …

WebFeb 11, 2024 · A reported investment by Chinese tech giant Tencent in Reddit has sparked a backlash on the popular community news site over censorship fears. Last week reports … hambur california burgosWebReddit iOS Reddit Android Reddit Premium About Reddit Advertise Blog Careers Press. Terms & Policies ... Tencent now owns 14.3% shares of Kuro(PGR,WW) as investment and may help in global distribution. tianyancha r/gachagaming ... ham bun recipeWebHave Tencent investments actually made major changes on publishers? Considering the news about Tencent getting 14% of From, I'm curious what their history is of changing … burn formulaWebSupercell/Glu Mobile: some mobile shit (84.3%/14%, Tencent) Grinding Gear Games: Path of Exile (80%, Tencent) ByteDance: TikTok (?, Tencent) You should drastically reduce your … burnfort mallowWebApr 6, 2024 · Tencent remains the second-biggest shareholder in the e-commerce marketplace Flipkart, increasing its stake from 5% to 5.34% and worth $1.21 billion post the latest investment made through its Singapore based subsidiary Aceville. Tencent Invested in Gaana through its European subsidiary Tencent Cloud. burnfort corkWebFeb 11, 2024 · The company announced Monday it has raised $300 million at a $3 billion valuation. That’s up from a $1.8 billion valuation when the company took in a $200 million … hamburchWebFeb 12, 2024 · Social media service Reddit says it has raised $300 million in a financing round led by Chinese internet giant Tencent. Reddit's CEO, Steve Huffman, told CNBC on … ham buns recipe