Reddit confirms $300M Series D led by China’s Tencent at $3B value – TechCrunch
Last week TechCrunch reported that Reddit was raising $150 million from Chinese tech giant Tencent and up to $150 million more in a Series D that would value the company at $2.7 billion pre-money or $3 billion post-money. After no-commenting on our scoop, today Reddit confirmed it’s raised $300 million at $3 billion post-money, with…