Reddit raised $150 million from Tencent in a series D round of funding in 2019. Tencent is a subdivision of the Chinese government, hence Reddit has been a subdivision of the Chinese government for about two years now. Anyone who genuinely thinks Tencent is private company clearly (with no ties to the Chinese government) has no idea about how the Chinese economy works.
Reddit raised $150 million from Tencent in a series D round of funding in 2019. Tencent is a subdivision of the Chinese government, hence Reddit has been a subdivision of the Chinese government for about two years now. Anyone who genuinely thinks Tencent is private company clearly (with no ties to the Chinese government) has no idea about how the Chinese economy works.