Pinterest, Inc. (PINS) is experiencing strong growth in average revenue per user (ARPU) globally, reaching $1.78 in Q3. Europe saw a 31% increase to $1.31 ARPU. With 600 million active users, PINS is investing in AI for personalized experiences, leading to a 44% growth in visual search queries.

In comparison, Reddit’s ARPU rose 41% to $5.04 in Q3, with strong growth in the U.S. and International markets. SNAP’s ARPU increased 2% to $3.16, driven by Gen Z and millennials. PINS’ valuation remains competitive, trading at a forward P/S ratio of 3.62 with a Zacks Rank #4.

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Read more at Nasdaq: Pinterest Rides on Solid ARPU Growth: Will the Uptrend Continue?