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Briefing

Pinterest Caps Off 2020 With Huge Revenue and User Growth

By
Tom Dotan
· · Source: The Information

Pinterest ended 2020 with a strong case that the company has reached an inflection point as a business. Its fourth quarter revenue surged 76% to $706 million compared to the year prior quarter and the entire year the company’s revenue was up nearly 50% to $1.7 billion compared with 2019. The revenue came hand in hand with a continuing uptick in new users—it now has 459 million monthly active...

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