Pinterest just released its IPO prospectus, joining a bevy of tech companies going public in 2019.
Pinterest released its IPO prospectus on Friday, joining a bevy of tech companies going public in 2019. The stock will trade under the ticker"PINS" on the New York Stock Exchange.
div > div.group > p:first-child"> The company generated $755.9 million in revenue 2018 for a net loss of $63 million. In Q4 2018 the company had 265 million monthly active users. The San Francisco company allows users to"pin" images as they shop, plan their weddings or brainstorm vacations. Pinterest claimed more than 250 million monthly users in September. The tech company's primary revenue stream is from advertisements, with brands paying for"promoted pins.
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