$PINS Pinterest Inc Deep Dive and 2024 Outlook
Is growth coming back to Ads after 2 years of flat revenue?
Founded in 2010, Pinterest is an American image-sharing platform categorized as a social media service. It allows users to discover and save visual content ("ideas") across various categories like recipes, home decor, fashion, and more. Users primarily engage by creating "pinboards" - collections of these saved images and short videos. With 498 million monthly active users, Pinterest caters to a broad global market, though it enjoys particular popularity in the United States.
Pinterest makes money by placing sponsored ads in their pinboards.
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