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Oh interesting. I thought it was a Conde Nast company. https://en.wikipedia.org/wiki/Reddit says it's headquartered in San Francisco and owned by https://en.wikipedia.org/wiki/Advance_Publications which is headquartered in NYC. Where do the Chinese come into play?


Tencent invested in reddit's series D financing round in 2019. Can't figure out what % they "own", but OP implying full ownership is not entirely correct.

Edit: and looks like OP edited their comment to clarify.


Condenast has huge business in China — unique for being a foreign company in the media business there.

One doesn't get such concessions in China for just nothing.




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