In 2017, Reddit raised $ 200 million to cover redundancy costs and offered original video hosting. The investment seems to have paid off as the platform continued to grow.
Since November 2018, Reddit has 153 million posts, which generated a total of 1.2 billion posts and 27 billion votes. All this has been accomplished by 330 million active users on a monthly basis, from over 150,000 active communities.
The video category also achieved great success at Reddit. The platform generates 1.4 billion video surveys each month, an increase of 40 percent in just two months.
Reddit’s said redesign, the first in over ten years, began to arrive in April. It’s still possible to use old view with old.reddit.com, but it’s likely that this option will not be long overdue. The site also has Night Mode, which was implemented in May.