Reddit will double the number of employees

Redditcollected in a new funding round 250 million after $ 2, doubling the number of employees it has in this year 1400announced that he will take it to.

Currently employs approximately 700 people worldwide social media platform, more USA‘also SFrancisco, New York, Los Angeles and Chicago have employees in their offices. Planning to increase the number of personnel this year RedditIt is not clear in which region the office will place its new employees.

Reddit continues to add value to its value

Doubling its valuation thanks to the new financing 6 billion up to the dollar Redditalso increased its advertising revenues in the last quarter. The company’s advertising revenue, compared to the same period of the previous year 90 percent expressed to increase.

As of December 52 million reaching the active user social media platform continues to gain value in its own right, even though it is still far from its competitors.

Reddit Dubsmash-00

Planning to double the number of employees, Reddit is currently uncertain in which areas it will recruit. In the coming days, the company is expected to make more detailed explanations on the subject.


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