online platform


Reddit – the online platform that bills itself as the front page of the Internet is raising US$ 150 million to US$ 300 million. The move is to keep the first page of the Internet running, say sources. Reddit’s Series D is being led by Chinese tech giant Tencent. The latter values at US$ 2.7 billion pre-money valuation. Speculation is after raising funds, Reddit’s post-money valuation to be an epic