This Stock Is Already Up 34% in 2025. Its Growth Is Getting a Big Boost From Amazon and Alphabet.
From Nasdaq: 2025-02-16 06:15:00
Amazon and Alphabet, two trillion-dollar companies, are boosting growth for Pinterest. The image-browsing platform relies on its 553 million monthly active users, generating revenue from advertising. Despite a strong 18% revenue increase in Q4 2024, Pinterest’s rest-of-world users remain the least monetized, but partnerships with Google and Amazon are driving growth.
Pinterest’s rest-of-world users, comprising 56% of its user base, are seeing a 24% increase in average revenue per user. Partnerships with tech giants Google and Amazon are crucial in boosting revenue generation. Amazon and Google are integrating their ads with Pinterest’s platform, leading to improved monetization among rest-of-world users, promising returns for shareholders.
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Read more at Nasdaq: This Stock Is Already Up 34% in 2025. Its Growth Is Getting a Big Boost From Amazon and Alphabet.