Tencent, the giant tech company leading the funding round, owns Wechat and is he... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		dexoplex on Feb 5, 2019 \| parent \| context \| favorite \| on: Reddit is raising a huge round near a $3B valuatio... Tencent, the giant tech company leading the funding round, owns Wechat and is helping to implement elements of the Chinese Social Credit System. One such recent feature for the program they are trialing is nicknamed the "Deadbeat map". https://www.abc.net.au/news/2019-01-24/new-wechat-app-maps-d...

taurath on Feb 5, 2019 [–]

They also own League of Legends maker Riot Games, have a large stake in Fortnite maker Epic Games, and a rediculous number of services.

They are putting their money literally anywhere there are eyeballs and attention.

Consider applying for YC's Summer 2026 batch! Applications are open till May 4
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact