this post was submitted on 26 Jun 2023
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Did TenCent really buy shares?
According to reddit's wikipedia page, Tencent owns about 5% of reddit.
Even if its 5%, is a lot
That’s 5% too much.
Enough that anti-ccp posts seemed to be less frequent. Who knows what vote fuzzing was going on.
I just know that the same users who were dismissing my concerns are happily consuming their meme on nureddit.
Enough that anti-ccp posts seemed to be less frequent. Who knows what vote fuzzing was going on.
I just know that the same users who were dismissing my concerns are happily consuming their meme on nureddit.
Not recently, it was in 2019. https://www.thestreet.com/technology/tencent-invests-150-million-in-reddit-14863248
Thank you for taking the time to share the article ❤️
Yea, around 5 yrs ago.
Everything they touch becomes a money grab. Unpopular opinion but I enjoy mobile gaming and when I see TenCent I become extremely cynical.
Shares in private businesses are private business, even when said shares have discounts that are only available under certain conditions. It's all a out what they initially declare, and the assumption is that they're honest.
You didn't think the plebs could get <20% interest rates, did you?