Pinterest reached 100 million monthly active users, the company announced in a blog post on Wednesday, a big milestone for the visual bookmarking treasure chest.
Back in March, the company was valued at $11 billion, which put it right behind Snapchat — but ahead of Dropbox and Airbnb — at the time.
Additionally, 70% of those 100 million monthly active users aren’t just on Pinterest for the pins; they’re saving links or clicking through to learn more. The number of Pinterest searches also grown 81% in the last year, according to the company.
People are also adding 24 million fashion pins daily, according to the company.
Pinterest has become a place for users to rack up ideas on what they want to buy — or build — next, and advertisers have been helping with that. In January, the company introduced Promoted Pins to users’ home feeds. They work just like regular pins, but businesses pay for them to show up. The company also rolled out Buyable Pins in June, which let users buy products directly within the Pinterest app.
Despite Pinterest’s strong growth, it still lags behind its social networking counterparts. Its user base is one-third the size of both Instagram and Twitter, according to New York Times.
MARKMEETS have been online since 2004, and provide the latest UK Entertainment News, celeb interviews, info on film premieres, competitions, movie news, celeb photos, music videos and all things celebrity.
Author Profile
Latest entries
- Social IssuesThursday, 14 March 2024, 14:41Exploring Social Issues: Shedding Light on Important Topics
- PostsSunday, 18 February 2024, 11:58Mop Heads Matter: A Guide to Choosing the Perfect Cleaning Companion
- PostsMonday, 12 February 2024, 9:11Why a Boise Spinal Cord Injury Lawyer is Crucial for Your Case: An In-Depth Look
- PostsMonday, 29 January 2024, 10:00Embracing the Future: New Construction Trends for 2024
Comments are closed, but trackbacks and pingbacks are open.