8 months ago, photo sharing website Pinterest was valued at $2 billion to $ 2.5 billion. Today, the company valuation is closing at $ 4 billion. The user base of Pinterest is increasing at a steady pace. It is giving a tough competition to all its competitors and is turning out to be a treat for the brand managers who find it an appropriate platform to market their brand.
The percentage of traffic drove to publishers and the annual increase in the number of visits by users has been the maximum. The social media platform had 24.9 million monthly unique users in september 2013, according to comScore. The number of unique users increased to 50 million if the mobile app users were taken into consideration.
Pinterest has shown a tremendous increase in its business activities and has raised the bar for all of its competitors.
via SocialAppsHQ Blog http://www.socialappshq.com/blog/2013/10/25/pinterests-valued-at-4-billion/
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