U.S. Markets open in 8 hrs 35 mins

Pinterest's IPO Filing Features More Positives Than Negatives - Tech Check

Eric Jhonsa

Back in December, I argued that Pinterest looked well-positioned to achieve the $12 billion-plus IPO valuation it was reported to be seeking. Revenue growth remains strong -- Pinterest's revenue rose 60% in 2018 to $755.9 million. Revenue still has a lot of room to grow, particularly overseas -- Though nearly 70% of Pinterest's monthly active users (MAUs) are now located outside of the U.S., the company produced only $17 million in international revenue in Q4.