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Briefing

Pinterest Posts Strong Growth in Users and Revenue

By
Tom Dotan
· · Source: The Information

The worst of the pandemic’s effect on the online ads business seems to have subsided—at least as far as Pinterest is concerned. The company posted revenue of $443 million during the third quarter—a 58% jump from the period last year. Pinterest attributed part of its success to increased spending from brands that were boycotting rival platforms like Facebook (something we earlier reported was a...

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