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Which company is that? Wikipedia says they're independent with the majority shareholder being a New York company called Advance Publications


https://www.theverge.com/2019/2/11/18216134/reddit-tencent-i...

"Reddit gets a $150 million investment from Tencent and users are posting memes to mock the deal"


Half of one funding round and "owned" are substantially different things.


Condenast has a huge PR, advertising, and media business in China, which would've been a near impossible task even for a domestic Chinese company, let alone foreign, or American one on top of that.

The propaganda ministry razed the media landscape to the ground over the last 5 years. Even completely apolitical companies like publishers of professional literature, science textbooks, photo journals, and children books got a boot.

The state has also been said to forcefully breaking up big media groups, denying mergers in between ad/pr/media companies.

Seeing Condenast thriving in China, knowing how things there are now, is very suspicious.




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