How Is Pinterest Worth Less Than Snap? - News Summed Up

How Is Pinterest Worth Less Than Snap?


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



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