VIDEO: REDDIT IS PLANNING TO REDESIGN ITS HOMEPAGE!

Reddit is set to conduct a major redesign that will change the way its homepage looks. This upcoming change was disclosed by its CEO Steve Huffman, following a venture funding round through which the company raised a total of $200 million. The firm will use the funding to accelerate the development of its new homepage design. 

Details about the redesign are yet to be unveiled, but it seems like Reddit is working on a timeline format as the new method for displaying its content. Huffman pointed out that the company wants to beef up the visual appearance of Reddit in an effort to provide users with a better overall experience, implying how the redesign will be rather significant in scope.

In addition to introducing a new design, Reddit will also use the funding to focus on its effort to add video content support, meaning that users will have the ability to add video content to Reddit's page directly. It remains unclear whether Reddit is planning to use video content to show ads on their platform, though that seems like a plausible scenario given recent digital advertising practices.

Being one of the most popular platforms that emerged as part of the Web 2.0 evolution, Reddit is currently under a lot of scrutiny regarding its ability to monetize its massive user base without hurting its retention rates. Have a look at the video below if you have not heard of Reddit before, it explains the whole concept of Reddit as a platform!