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Page 110
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, 2019Corporate 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, 2019Douyu 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, 2019Scroll 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, 2019Reddit 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, 2019Corporates 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, 2019Reddit 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, 2019Spotify 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, 2019Altice 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, 2019Unity 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, 2019About us
GCV provides the global corporate venturing community and their ecosystem partners with the information, insights and access needed to drive impactful open innovation. Across our three services - News & Analysis, Community & Events, and the GCV Institute - we create a network-rich environment for global innovation and capital to meet and thrive. At the heart of our community sits the GCV Leadership Society, providing privileged access to all our services and resources.
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