Monday, February 8, 2021

ARTICLE: Pinterest Rises to 459 Million Users, Posts Strong Revenue Result in Q4


Another non-Facebook platform shows growth. This one is Pinterest, but there is also one key point worth noting.

Via SocialMediaToday.com, "Pinterest added 17 million more users in Q4, taking it to 459 million actives. As you can see, that means Pinterest has maintained the same growth momentum from the previous quarter, which is a positive result, and underlines the platform's ongoing progress."

The article continues, "As you can see, that means Pinterest has maintained the same growth momentum from the previous quarter, which is a positive result, and underlines the platform's ongoing progress. Though it is worth noting that its growth has seemingly stalled in the US. Pinterest's US monthly usage increased 11% YoY,  while internationally, the platform grew 46% in the same period. That's not necessarily a bad sign, as it shows that Pinterest is expanding its offerings, but Pinterest is heavily reliant on US users for revenue, as shown in its average revenue per user stats."

This comes after Snapchat reported significant growth on its platform (read it here).

Read full article here.

You can download the full report from Pinterest here.

No comments:

Post a Comment

NICHOLAS DETTMANN'S ARCHIVES

Blog Archive