Reddit to open Dublin office this year
Reddit is expanding into Ireland — the company’s co-founder Alexis Ohanian (C) is seen here before ringing the Nasdaq closing bell from the Nasdaq Entrepreneurial Center on August 15, 2018 in San Francisco (JUSTIN SULLIVAN)
Dublin (AFP) – Social media firm Reddit said on Monday it will open an office in Dublin later this year, part of international expansion plans after raising $300 million in new funding.
“Reddit is currently planning to open an office in Dublin in 2019 and we are actively recruiting to build out our team,” a company spokesman said in a statement.
The announcement comes less than two weeks after it confirmed the $300 million (260 million euros) funding round, which values the US-based website at $3 billion (2.6 billion euros).
Chinese tech titan Tencent, American venture capitalists Andreessen Horowitz and the investment funds Fidelity and Sequoia were among those backing Reddit.
The platform, co-founded by Alexis Ohanian, the husband of tennis superstar Serena Williams, is popular for its more than 138,000 user-moderated communities.
The size and function of the new Dublin office is unclear, but company recruiters were advertising for an “anti-evil operations specialist” in the Irish capital.
The “policy enforcement” role would entail reviewing “reported content” and acting on “sensitive issues” on the site — which has faced scandals over hosting controversial content.
Reddit — which boasts 330 million monthly users — follows the likes of Twitter, Facebook and Google in opening a base in Dublin.
Ireland has become a popular choice for international companies with its high-speed internet connectivity to Europe and America, low corporate tax rates and English-speaking population.
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