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No, Tencent isn't about to burn Reddit down TechCrunch

https://techcrunch.com/2019/02/12/tencent-reddit-nononono/
See More From: techcrunch.com   ( Science & Technology > Technology )

Feb 12, 2019 12:09 PM 2+ mon ago

No, Tencent isnt about to burn Reddit down

Ahoy, it's doom and gloom for Reddit after the company welcomed investment from Chinese censorship overlord Tencent.

The reality is, in fact, it's quite the opposite. In recruiting the company behind one of the internet's largest and vibrant social networks -- chat app WeChat -- and countless blockbuster games, Reddit has pulled off a major coup and banked a huge amount of cash, both of which can help it grow to the next level.

But, right now, reports in the U.S. are suggesting otherwise. You might have seen a range of negative stories surface in the past week following Reddit's latest round of investment -- first reported by TechCrunch -- which is led by Tencent and values the company at $3 billion.

Triggered by a Gizmodo story last week, fear is being stoked that a deal with the "Chinese censorship ...

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Tencent investment in Reddit sparks censorship worry

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...

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