# EDGAR Filing Document

**Accession Number:** 0001713445
**File Stem:** 0001140361-25-041618
**Filing Date:** 2025-11
**Character Count:** 16142
**Document Hash:** dc60f1a0b2952d6135a8df8065712c6e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001140361-25-041618.hdr.sgml**: 20251112

**ACCESSION NUMBER**: 0001140361-25-041618

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251112

**DATE AS OF CHANGE**: 20251112

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Reddit, Inc.
- **CENTRAL INDEX KEY:** 0001713445
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 452546501
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94495
- **FILM NUMBER:** 251471756

**BUSINESS ADDRESS:**
- **STREET 1:** 303 2ND STREET
- **STREET 2:** SOUTH TOWER, 5TH FLOOR
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94104
- **BUSINESS PHONE:** (415) 494-8016

**MAIL ADDRESS:**
- **STREET 1:** 303 2ND STREET
- **STREET 2:** SOUTH TOWER, 5TH FLOOR
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94104
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Tencent Holdings Ltd
- **CENTRAL INDEX KEY:** 0001293451
- **ORGANIZATION NAME:** International Corp Fin
- **EIN:** 000000000
- **STATE OF INCORPORATION:** E9

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** ROOM 3506, 35TH FLOOR
- **STREET 2:** TOWER 2, LIPPO CENTRE
- **CITY:** ADMIRALTY
- **STATE:** K3
- **ZIP:** 00000
- **BUSINESS PHONE:** 86-755-86013388

**MAIL ADDRESS:**
- **STREET 1:** ROOM 3506, 35TH FLOOR
- **STREET 2:** TOWER 2, LIPPO CENTRE
- **CITY:** ADMIRALTY
- **STATE:** K3
- **ZIP:** 00000

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 2)**

**Issuer:** Reddit, Inc.

**Title of Class of Securities:** Class A Common Stock, par value $0.0001 per share

**CUSIP Number:** 75734B100

**Date of Event Which Requires Filing of this Statement:** 09/30/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [ ] Rule 13d-1(b)

- [ ] Rule 13d-1(c)

- [x] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>Tencent Holdings Ltd | Names of Reporting Persons<br>Tencent Holdings Ltd |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>E9 | Citizenship or Place of Organization<br>E9 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>5905597 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>5905597 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>5905597 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>5905597 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>4.17% | Percent of Class Represented by Amount in Row (9)<br>4.17% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** The shares held by Tencent Holdings Limited represent (i) 3,317,185 shares of Class B Common Stock held of record by Tencent Cloud Europe B.V., a wholly-owned subsidiary of Aceville Pte. Ltd., which is a wholly-owned subsidiary of TCH Delta Limited, which is a wholly-owned subsidiary of Tencent Holdings Limited, (ii) 2,100,000 shares of Class A Common Stock held of record by Huang River Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited, and (iii) 50,425 shares of Class A Common Stock and 437,987 shares of Class B Common Stock held of record by Jojoba Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited.  Tencent Holdings Limited, TCH Delta Limited and Aceville Pte. Ltd. may each be deemed to beneficially own the shares held of record by Tencent Cloud Europe B.V. Each share of Class B Common Stock is entitled to ten votes and is convertible into Class A Common Stock at the option of the holder.  Pursuant to a certain voting agreement entered into between the Tencent affiliates and Mr. Steve Huffman, the CEO of the Issuer, Mr. Huffman has the authority (and irrevocable proxy) to vote shares then owned by affiliates of Tencent Holdings Limited, in his sole discretion, subjection to certain restrictions therein. Also see Item 4.

---

| 1. | Names of Reporting Persons<br>Aceville Pte. Ltd. | Names of Reporting Persons<br>Aceville Pte. Ltd. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>U0 | Citizenship or Place of Organization<br>U0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>3317185 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>3317185 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3317185 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3317185 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>2.35% | Percent of Class Represented by Amount in Row (9)<br>2.35% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** Reference is made to the comment for type of reporting person of Tencent Holdings Limited.

---

| 1. | Names of Reporting Persons<br>TCH Delta Limited | Names of Reporting Persons<br>TCH Delta Limited |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>D8 | Citizenship or Place of Organization<br>D8 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>3317185 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>3317185 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3317185 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3317185 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>2.35% | Percent of Class Represented by Amount in Row (9)<br>2.35% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** Reference is made to the comment for type of reporting person of Tencent Holdings Limited.

---

| 1. | Names of Reporting Persons<br>Tencent Cloud Europe B.V. | Names of Reporting Persons<br>Tencent Cloud Europe B.V. |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [ ] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>P7 | Citizenship or Place of Organization<br>P7 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>3317185 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>3317185 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>0 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3317185 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>3317185 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>2.35% | Percent of Class Represented by Amount in Row (9)<br>2.35% |
| 12. | Type of Reporting Person (See Instructions)<br>CO | Type of Reporting Person (See Instructions)<br>CO |

**Comment for Type of Reporting Person:** Reference is made to the comment for type of reporting person of Tencent Holdings Limited.

---

**Item 1(a). Name of Issuer:**
Reddit, Inc.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
303 2nd Street, South Tower, 5th Floor, San Francisco, California, 94107

**Item 2(a). Name of Person Filing:**
Tencent Holdings Limited
Aceville Pte. Ltd.
TCH Delta Limited
Tencent Cloud Europe B.V.

**Item 2(b). Address of Principal Business Office:**
For each of Tencent Holdings Limited, Aceville Pte. Ltd., TCH Delta Limited and Tencent Cloud Europe B.V.:
29/F.,Three Pacific Place
No. 1, Queen's Road East
Wanchai, Hong Kong

**Item 2(c). Citizenship:**
Tencent Holdings Limited
Citizenship: Cayman Islands

Aceville Pte. Ltd.
Citizenship: Singapore

TCH Delta Limited
Citizenship: British Virgin Islands

Tencent Cloud Europe B.V.
Citizenship: Netherlands

**Item 2(d). Title of Class of Securities:**
Class A Common Stock, par value $0.0001 per share

**Item 2(e). CUSIP Number:**
75734B100

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [ ] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

The information required by Items 4(a) is set forth in Row 9 of the cover page for each Reporting Person and is incorporated herein by reference.

**(b) Percent of class:**

The total number of outstanding shares of Class A Common Stock used to calculate the percent of class represented by the Class A Common Stock beneficially owned by Tencent Holdings Limited, 4.17%, is the sum of (i) 137,824,835 shares of Class A Common Stock of the Issuer as disclosed in the Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on October 31, 2025 (the "Securities Filing"), and (ii) 3,317,185 shares of Class B Common Stock held of record by Tencent Cloud Europe B.V., a wholly-owned subsidiary of Aceville Pte Ltd, which is a wholly-owned subsidiary of TCH Delta Limited, which is a wholly-owned subsidiary of Tencent Holdings Limited, and 437,987 shares of Class B Common Stock held of record by Jojoba Investment Limited, a wholly-owned subsidiary of Tencent Holdings Limited, each of which can be converted into an equal number of Class A Common Stock at the option of the holder. Tencent Holdings Limited, TCH Delta Limited and Aceville Pte. Ltd. may each be deemed to beneficially own the shares held of record by Tencent Cloud Europe B.V.
The total number of outstanding shares of Class A Common Stock used to calculate the percent of class represented by the Class A Common Stock beneficially owned by each of Aceville Pte. Ltd, TCH Delta Limited and Tencent Cloud Europe B.V., 2.35%, is the sum of (i) 137,824,835 shares of Class A Common Stock of the Issuer as disclosed in the Securities Filing, and (ii) 3,317,185 shares of Class B Common Stock held of record by Tencent Cloud Europe B.V., which can be converted into an equal number of Class A Common Stock at the option of the holder.

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

See Row 5 of the cover page of each Reporting Person.

**(ii) Shared power to vote or to direct the vote:**

See Row 6 of the cover page of each Reporting Person.

**(iii) Sole power to dispose or to direct the disposition of:**

See Row 7 of the cover page of each Reporting Person.

**(iv) Shared power to dispose or to direct the disposition of:**

See Row 8 of the cover page of each Reporting Person.

**Item 5. Ownership of Five Percent or Less of a Class.**

[ ] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Not Applicable

**Item 7. Identification and Classification of the Subsidiary**

See Item 4.

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

—

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Tencent Holdings Ltd**

**Date:** 11/12/2025

**By:** /s/ Ma Huateng

**Name & Title:** Ma Huateng, Director

**Aceville Pte. Ltd.**

**Date:** 11/12/2025

**By:** /s/ Chao-Yang Sunny Lo

**Name & Title:** Chao-Yang Sunny Lo, Authorized Signatory

**TCH Delta Limited**

**Date:** 11/12/2025

**By:** /s/ Li Yan

**Name & Title:** Li Yan, Director

**Tencent Cloud Europe B.V.**

**Date:** 11/12/2025

**By:** /s/ Constant Pieter van der Merwe

**Name & Title:** Constant Pieter van der Merwe, Director