Pinterest - Dynamic User Growth Leads to Record Results!
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Business Driver: Pinterest (PINS) has transformed into a social commerce platform over the past few years. With users having the ability to search for interesting unique products on Pinterest and purchase them there, user growth has been robust for some time. This also makes Pinterest an attractive advertising partner, leading to high advertising revenues. In the recently concluded Q1, the number of monthly users increased by 10% year-over-year to 570 million, while the average revenue per user rose by 5%. On May 8, Pinterest impressed with...
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