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Analysis: Reddit gets $300m

Tencent made a significant cash commitment by leading a round raised by online social forum Reddit at $3bn post-money valuation

Feb 18, 2019

Corporate venturing deal net: 11-15 February 2019

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

Feb 15, 2019

Douyu cues up $500m IPO

Tencent-backed Douyu has confidentially filed to go public in the US, following another Chinese livestreaming platform, Huya, which floated last year.

Feb 14, 2019

Scroll rolls up Nuzzel

Mol, DeNA and Digital Garage are exiting the social news platform through an acquisition by Scroll, which will use it to test consumers' interest in content.

Feb 14, 2019

Reddit reels in $300m

Tencent led a round that valued the Condé Nast-backed online social forum at $3bn post-money as it seeks to boost its advertising revenue.

Feb 12, 2019

Corporates help scale Himalaya with $100m

Ximalaya FM and Susquehanna International Group have taken part in a $100m round to launch podcast network Himalaya, which was spun out of Ximalaya.

Feb 8, 2019

Reddit readies $300m series D round

Tencent is in talks to invest $150m in Reddit, an online social platform backed by Condé Nast, as part of a series D round that could reach $300m and value it at $3bn.

Feb 6, 2019

Spotify spies Gimlet for $200m acquisition

The streaming platform is in advanced talks to acquire podcast producer Gimlet Media, which has raised $27m from investors including WPP and Graham Holdings, for more than $200m.

Feb 4, 2019

Altice catches Molotov to buy majority share

Altice has reportedly acquired a 60% share of the live TV streaming service, while existing shareholders such as Sky will retain a stake in the business.

Feb 4, 2019

Unity absorbs Vivox

In-game communication platform Vivox has been acquired by game development technology provider Unity after raising more than $16m from investors including Peacock Equity.

Feb 4, 2019
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