Reddit to raise up to $300mn at about $3bn valuation: Report

Online discussions platform Reddit may raise $150-300 million at an estimated post-money valuation of nearly $3 billion as part of a Series D funding round, according to a report. The funding round will reportedly be led by Chinese conglomerate Tencent. Earlier in 2017, Reddit had raised $200 million at a valuation of nearly $1.8 billion.