Ah, that platform that people go to to create things like wedding mood boards.
Here are some interesting facts from Pinterest's (Ticker: PINS) financials:
- For year ended Dec 31. 2018: Revenue of $755.9 million up from $472.8 million in 2017
- 265 million monthly active users (MAUs) as of late last year, bringing in some $700 million in ad revenue in 2018
- Doubled its MAU count since early 2016, hitting 265 million late last year
- Pinterest's largest group of MAUs came from outside the U.S., with about 184 million (compared with 82 million in the U.S.)
- That said, U.S. users generate far more revenue for the company
- Global average revenue per user (ARPU) in the year ended December 31, 2018 was $3.14, up 25 percent YoY
- U.S. ARPU was at $9.04, a 47 percent increase YoY
- Net loss shrank to $62.9 million last year from $130 million in 2017
Capital raised:
- Raised around $1.5 billion from VCs
- Key stakeholders include Bessemer Venture Partners, FirstMark Capital, Andreessen Horowitz, Fidelity and Valiant Capital Partners
Ah, that platform that people go to to create things like wedding mood boards.
Here are some interesting facts from Pinterest's (Ticker: PINS) financials:
Capital raised: