Reddit tencent investment
WebFeb 11, 2024 · After no-commenting on our scoop, today Reddit confirmed it has raised $300 million at $3 billion post-money, with $150 million from Tencent. WebFeb 12, 2024 · Chinese internet giant Tencent ( TCEHY) has invested for the first time in social news and discussion site Reddit, putting in $150 million in a round that values …
Reddit tencent investment
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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 … WebMar 11, 2024 · Tencent ’s $150m investment into Reddit was a big deal for the San Francisco-based online message board. But for the Chinese technology company, it was just one of more than 700 investments...
WebJun 13, 2024 · T ENCENT, THE world’s biggest gaming company, gives away most of its video games for nothing. Lest anyone think that the Chinese tech giant, which has a market value of $580bn, has a heart of gold,... WebApr 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.
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 … WebSep 11, 2024 · At the end of 2024, Tencent's investment portfolio contained RMB691B (~$107B), up a whopping 57% from a year earlier. For reference, this is about 37% as large as Berkshire Hathaway's portfolio...
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...
WebIt must be addressed that Tencent in the recent two years is investing a lot of games, from some independent devs to successful companies. Fun fact, Tencent did the same … does fake out work on inner focusWebHow 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 … does fake news existWebFeb 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 … does fake eyelashes damage eyesWebDec 31, 2024 · Tencent Holdings (SEHK: 700) is a Chinese investment holding company whose subsidiaries provide media, entertainment, internet, and mobile phone value-added services and operate online advertising services in China. Its offerings include products like QQ (QQ Instant Messenger), QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and … f1 style exhaustWebApr 12, 2024 · The investment firm has sold $7.2 billion worth of TCEHY as of January. TCEHY stock is up by about 1.5% year-to-date. Source: StreetVJ / Shutterstock.com … does fake charger affect battery lifeWebFeb 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... f1 style face maskWebFeb 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 … does faker have to serve in the military