China provided a full 50% of reddit’s funding in 2019

by RobertGOTV

 

Sources:

www.investopedia.com/articles/investing/093015/how-reddit-makes-money.asp

www.reuters.com/article/us-reddit-funding/reddit-valued-at-3-billion-after-raising-300-million-in-latest-funding-round-idUSKCN1Q020W

www.nasdaq.com/articles/reddit-raises-300-million-3-billion-valuation-2019-02-11

Reminder that Reddit is completely blocked in China. Speculation: They are literally buying the website in order to transform it into a Pro-China platform. Sound ridiculous? They’ve been doing the same thing with Twitter:

techcrunch.com/2019/08/19/twitter-is-blocked-in-china-but-its-state-news-agency-is-buying-promoted-tweets-to-portray-hong-kong-protestors-as-violent/