While China has previously banned information outside of its borders, it has often done so via Chinese native applications linked to mainland accounts. The investments from China raised concerns amongst Redditors, who don’t like the idea of their free-speech platform being censored in Chinese fashion. While the platform is still owned by American company Advanced Publications, Chinese investors do have stakes in the company. In 2019, Tencent, the Chinese digital titan behind WeChat and League of Legends, invested $150 million in Reddit, raising concerns about censorship among Reddit users. Where does this idea come from? Does China Own Reddit? After Steve and Alexis left Reddit in 2009 and moved on to different ideas, their community manager Erik Martin kept the idea going and came up with two different ways of advertising on the site in the form of sponsored content and self-serve ads.įast forward a few years and not only have Steve Huffman and Alexis Ohanian returned as executives with Ohanian again leaving this role, but there’s also a lot of discussions over China owning the company.
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