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Tag: Tencent

Reminding Tencent of Tiananmen

Saturday, 9 February, 2019

Since the news broke that China’s Tencent is investing $150 million in Reddit, users have been busy posting an image of the 1989 Tiananmen Square massacre that Beijing has spent three decades trying to suppress. According to TechCrunch: “Depending on how much follow-on cash Reddit drums up from Silicon Valley investors and beyond, its post-money valuation could reach an epic $3 billion.” Reddit, by the way, is blocked in China and Tencent is also one of the most important engineers building the communist dictatorship’s Great Firewall. All in all, then, a fascinating funder for a Silicon Valley enterprise that’s become an essential platform for free speech.

Tiananmen Square