Reddit May Receive An Investment From Beyond China’s Great Firewall | TIME

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Reddit May Receive An Investment From Beyond China’s Great Firewall | TIME
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Reddit May Receive An Investment From Beyond China’s Great Firewall | TIME
Reddit is set to receive major backing from a company. Ironically, Who’s country blocks the popular site and sent one of the largest Chinese. Technological firms has invested 150 million dollars in Reddit at the site also raised an additional one hundred and $ 1000000 in funds. Cnbc reports, this series of investment led by valuation to the three billion dollar Mark, while it’s a massive influx for the site known as the internet’s front page, it could be categorized market value of 427 billion dollars. It isn’t the first time that tencent has invested in a company affected by China’s great firewall investment conglomerate owns a portion of Snapchat, which is also blocked in China.
Reddit is set for a major investment from a Chinese-based company whose country blocks the popular site.
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Reddit May Receive An Investment From Beyond China’s Great Firewall | TIME
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