I did not realize that Pinterest was still growing at such a good pace. Saw this report in Social Media Examiner’s email.
Pinterest’s Q4 Earnings: Pinterest reported its revenue grew 12% year-over-year in Q4 to $981 million and 9% for the full year 2023 to $3.055 billion. Monthly active users also grew by 11% to 498 million globally. CEO Bill Ready said 2023 was Pinterest’s most productive year yet in terms of accelerating product development and launching solutions to drive campaign performance for advertisers. The results demonstrate strong momentum for Pinterest heading into 2024 as the company continues to post double-digit revenue growth and reach an all-time high number of global monthly active users. Source: Pinterest
When people feel better, they’re likely to spend more money, which is not a major revelation, but could point to new opportunities for your marketing and promotion efforts.
Pinterest introduced a new set of tools for creating content. It is especially geared toward influencers and creators who want to build a following on Pinterest.