Rappler Receives Investment from Omidyar Network

rapplerRappler, a Pasig City, Philippines-based social news network, received an investment from Omidyar Network.

The amount of the deal was not disclosed.

The company intends to use the funds to continue to expand its reach into Philippines and Indonesia, where it has a dedicated team.

Founded by veteran journalists trained in broadcast, print and web disciplines and led by Maria Ressa, CEO, Rappler is a social news network dedicated to inspiring community engagement and digitally fuelled actions for social change through its stories across different section including Life & Style, Entertainment, Sports, Tech, Weather, Disasters, Travel, Coupons, Jobs, etc.
The word Rappler comes from the root words “rap” (to discuss) + “ripple” (to make waves).



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