Pinterest´s search engine is a very effective one.Īlthough Pinterest is a social media platform based on the most important images on the world, in terms of the active users and the trend towards this type of contents, Google is the dominator among the search engines on Internet. The search engine of Pinterest has been improved along the years and it is now updated with other functions that have been introduced to the platform in order to increase its effectiveness.Ī search engine must satisfy the users´ necessities. Among the many functions that this platform offers for a real estate in Spain, we can find its search engine. And while Pinterest stock has recently traded as high as $26, making it one of the better-performing tech stocks this year, it could fall to around $16 if Ready fails, assuming it traded in line with where Snap and Meta Platforms are now trading, The Information calculates.Pinterest is an excellent platform for implementing a real estate marketing strategy. Whether Ready and Elliott can draw more advertisers to Pinterest and jump-start its growth is far from certain. This situation is as much about Snap’s fall from grace than it is about any turnaround at Pinterest. The appearance of Elliott Management as a shareholder-with a board seat-has reinforced investor optimism.ĭon’t be fooled, however. While investors have lost faith in Snap thanks to its weakening revenue growth, Pinterest has stopped a yearlong slide in user growth and shaken up its top management with the appointment of a former Googler, Bill Ready, as CEO. Snap’s stock is now trading well below Pinterest’s on a multiple of expected next year’s revenue, the first time that’s been true since 2019, when Pinterest went public, according to Koyfin data. Plagued by reports that executives were fleeing, along with falling user numbers, its stock was trading at a deep discount to that of Snap, a similar-size social media app that for the past few years had shown faster revenue growth.
At the start of 2022, Pinterest was on the outs with investors.
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