Pinterest is amongst the few American tech companies to triumph above the downfall that seems to plague others in their 3Q earnings with a revenue of $684.6 Million and monthly active users of 445 million, things are looking good for Pinterest’s new CEO Bill Ready who took his position late June this year.
He said that they are changing the way users interact with the platform with its team of engineers changing the layout of the website to make users get what they need on the platform. He said more users are there to shop and will make suggestions to their solutions on their platform by making what they click on shopable instead of the link taking you to another website, this is essential as advertisers have been slowing down on their ad spending not only on Pinterest but most Social media platforms.
Pinterest shares stands currently at $ 25 per share but if these great changes continue, it might grow steadily in the coming months making the users and the investors happy.
