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A comment on Reddit is raising a huge round near a $3B valuation.

Re:Reddit is raising a huge round near a $3B valuation by dexoplex on Tuesday February 05, 2019 @04:19PM (#19089931)
Tencent, the giant tech company leading the funding round, owns Wechat and is helping to implement elements of the Chinese Social Credit System.

One such recent feature for the program they are trialing is nicknamed the "Deadbeat map". https://www.abc.net.au/news/2019-01-24/new-wechat-app-maps-d...

[ Parent | on HN ]
Re:Reddit is raising a huge round near a $3B valuation by taurath on Tuesday February 05, 2019 @04:27PM (#19089997)
They also own League of Legends maker Riot Games, have a large stake in Fortnite maker Epic Games, and a rediculous number of services.

They are putting their money literally anywhere there are eyeballs and attention.

[ Parent | on HN ]