Reddit gets bought

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With a massive injection of funding, it would seem that Reddit may survive the battle with other online social media.
The main competition of FB & twatter, have been losing revenue as fake, even doubles user numbers plague their platforms.
Reddit have said that they can increase ad revenue, but that means one thing, more ads on this platform.

Given the size & financial backing of the big two, what difference will this money make to reddit?
Perhaps it is a way for the owners & funders of FB & Twatt to control the opposition?

https://www.ccn.com/3-billion-reddit-tencent-take-down-facebook-google