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Reddit said to land China’s Tencent as lead investor in funding round that may value website at US$3 billion

The San Francisco-based discussion website is seeking to raise as much as US$300 million in a new funding round and has landed Tencent as a lead investor, according to TechCrunch. Depending on how successful it is in raising money from other investors, Reddit could be valued at US$3 billion, according to the report. Source: South China Morning Post

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