It’s well known and accepted that the Chinese government has significant control of Chinese companies, and Reddit is partially owned by Tencent. That’s not xenophobic.
The fact that it’s something like a 5% stake is more relevant.
The root of “Tencent CCP own Reddit” conspiracy literally lies in r/conspiracy to spread xenophobic sentiments against China. Anyone perpetuating this nonsense will face a ban after this.
It’s well known and accepted that the Chinese government has significant control of Chinese companies, and Reddit is partially owned by Tencent. That’s not xenophobic.
The fact that it’s something like a 5% stake is more relevant.
Read the below response. https://lemmy.ml/comment/750332
Condé Nast and one American VC hold more shares than Tencent, plus Reddit is astroturfed by US military, as seen during 2015. https://old.reddit.com/r/Blackout2015/comments/4ylml3/reddit_has_removed_their_blog_post_identifying/
The root of “Tencent CCP own Reddit” conspiracy literally lies in r/conspiracy to spread xenophobic sentiments against China. Anyone perpetuating this nonsense will face a ban after this.
“a literal US military arm” is just as ridiculous. It’s neither.