Reddit said to be in talks with China’s Tencent to raise a $300m round

Alexis Ohanian, chairman and co-founder of Reddit Inc., right, speaks as Steve Huffman, chief executive officer and co-founder of Reddit Inc., listens during a Bloomberg West television interview in San Francisco, California, U.S., on Tuesday, Aug. 23, 2016. Photographer: David Paul Morris/Bloomberg via Getty Images

Social news aggregating major Reddit is said to be raising $150 million to $300 million in a funding round led by Chinese tech giant Tencent.

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