Pinterest's Q2 revenue grew 62 per cent year-over-year, while monthly active users hit the milestone figure, the official earning report said.
Pinterest's second ever earnings report as a public company marks a turnaround from a poor debut performance.
Liza Minnelli as Sally Bowles in 'Cabaret' (Photograph from
Pinterest)
Pinterest also added a dedicated video tab for business profiles, analytics tools for businesses, scheduling tools for pins and videos, and shopping features, including current prices, links to retailers' websites, pins for retailers' entire catalogs, and automated product recommendations.
We have more than 28 boards on our
Pinterest that include topics from apartment decor to recipes, to pets, to our communities and floorplans, and everything in between that may be of interest to our residents or future residents.
Chef Evans shared the trend predictions from global market leaders Whole Foods and Tyson Foods as well as the top foodie searches on
Pinterest. Pacific spices, tropical fruits
Pinterest, which generated $756 million in revenue in 2018 and ended the year with 265 million monthly active users, will trade on the New York Stock Exchange under the symbol PINS starting on Thursday.
Pinterest had revenue of $756 million last year and a loss of $63 million.
The report said San Francisco-based
Pinterest would seek a valuation of at least $12 billion, joining the ranks of richly valued venture-backed tech firms hitting the public markets.
Pinterest has more than 250 million monthly active users as of October 2018.
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