Pinterest Files Its Long Awaited IPO

Want to share this story?

Pinterest made their plans for an initial public offering official Friday, adding another matured startup to the growing pile of highly anticipated IPOs.

The social networking platform released its prospectus detailing its financials during the announcement of its IPO. The stock is expected to trade as PINS on NYSE.

Among the key findings learned about Pinterest, The company made $750 million in revenue in 2018 with a $63 million net loses.

The company has 265 million monthly active users in the 4th quarter of last year. Most of its user base is women ages 18-64, with children. (Pinterest cites Comscore data that last stat.)

The San Francisco based site has yet not set an official date for its entry into NYSE.

Hits: 37


StartupsOne features relevant, focused news on venture capital funding of technology oriented startup businesses based in North America.