Pinterest is a visual bookmarking tool for saving and discovering creative ideas.
Pinterest, Inc. is a social media web and mobile application company that operates a software system designed to discover information on the World Wide Web, mainly using images and, on a smaller scale, GIFs and videos. The site was founded by Ben Silbermann, Paul Sciarra, and Evan Sharp. Pinterest has reached 250 million monthly active users as of October 2018.
Pinterest CEO Ben Silbermann summarized the company as a “catalogue of ideas” that inspires users to “go out and do that thing”, rather than as an image-based social network.
Cathie Wood’s pivot towards RDDT and other stocks has generated considerable optimism among stock watchers about the asset’s future performance.
For Q2 2023 which ended on June 30, Pinterest reported revenue of $708 million and global monthly active users of about 465 million.
In addition to announcing the strategic partnership, Pinterest released its earnings for the first quarter.