Foreign funds in a media outfit: Rappler’s announcement Nov. 05, 2015

“We are excited to be investing in Rappler,” the news website in its post on November 5 last year quoted an Omidyar Network official as saying in an article entitled “Omidyar Network invests in Rappler.” Earlier, in May, it reported that another US firm, the “investment company North Base Media (NBM) has invested in Rappler.”

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