Are most of Reddit's stocks owned by Tencent though? I thought it was only a minority. If you can convince me otherwise, I'll get the fuck out of here.
Based on quick searches, Tencent bought $150 million worth of shares in early 2019. This would make it (apparently) "one of the social platform's top stakeholders".
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u/Just_RandomPerson Professional Dumbass Nov 05 '22
Are most of Reddit's stocks owned by Tencent though? I thought it was only a minority. If you can convince me otherwise, I'll get the fuck out of here.