GettySocial media company Pinterest (PINS) is expected to IPO on Thursday, April 18. Despite boasting more users than SNAP and only 17% fewer users than TWTR, Pinterest significantly lags both of them in terms of revenue. The company earned just $755 million in revenue in 2018 compared to $1.2 billion for SNAP and $3 billion for TWTR. However, the fact that Pinterest has been slow to monetize its international user base doesn’t mean it can’t do so. It’s hard to understand how PINS – which has more users, faster growth, and much smaller losses – can be worth ~30% less than SNAP.
Source: Forbes April 17, 2019 18:22 UTC