Mar
23
Pinterest's IPO filing shows surging revenue, shrinking losses
Posted in: Uncategorized
Pinterest filed its initial public offering Friday, revealing insights into both its strategy and advertising revenues.
By the numbers
The San Francisco-based visual discovery platform has been losing money, but its revenue has also been surging. Pinterest which plans to be listed as “PINS” on the New York Stock Exchange says it lost nearly $183 million in 2016, but only $63 million in 2018.
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