Investors are—yes—pinning their hopes on Dear Utol (2025): Doctor, Doctor I'm Sick Episode 41Pinterest's continued success.
The scrapbook-like platform just raised $150 million from a group of existing backers at the same share price as its last funding round in 2015.
The cash infusion boosted the company's worth from around $11 billion to $12.3 billion.
SEE ALSO: More autoplay ads are coming to PinterestThe move confirms speculation that the company plans to delay an inevitable IPO as it continues to build out its ads business.
Despite an aspirational ethos that easily lends itself to all sorts of marketing, Pinterest has mostly lagged when it comes to monetization. It only just started selling video ads last fall, and it only began offering ads at all in 2014.
The slow pace of ad product launches has reportedly frustrated some marketers who'd like to see the platform become more versatile. Still, analysts often cite Pinterest's social search engine as a potential challenger to Google's supremacy along with Amazon. And Pinterest has aimed to live up to that prediction, with a series of recent ad rollouts, including promoted posts and autoplay videos interspersed with search results.
All those new ad slots have apparently paid off. A spokesperson said revenue per search query has doubled since the beginning of the year.
But those changes are only the beginning of the company's lofty dreams for its search engine. Eventually, Pinterest wants to be widely seen as the natural starring place for all visual searches on the web. In doing so, it's trying to free its image from the "social network" pigeonhole -- "Pinterest is really about yourself and not broadcasting to friends," its spokesperson told me.
Pinterest has also been bolstering the tech behind that search. Earlier this year, it rolled out a lens search feature that surfaces any posts resembling whatever you happen to be pointing your camera towards. Pinterest claims it's the first time that's been done.
The company's said to be aiming for $500 million in revenue this year—up from $300 million last year. They also launched their first-ever out-of-home ad campaign on Tuesday with billboards in Times Square and across New York.
This story has been updated with information from Pinterest.
Topics Pinterest
Time to Unite
NASA spacecraft finds signs of water on Bennu asteroid
Lyft challenged riders to ditch their cars. So everyone ordered rides.
'Game of Thrones' is still the most in
NYT Connections hints and answers for May 1: Tips to solve 'Connections' #690.
Google to kill Google+ early after exposing personal data of more than 50 million
Netflix's is testing an 'Instant Replay' feature that users dislike
Elon Musk in 60 Minutes interview: 'I do not respect the SEC’
Best robot vacuum deal: Save $140 on roborock Q7 Max Robot Vacuum
Here's why the theory that Taylor Swift is a satanist clone absolutely checks out
NYT mini crossword answers for May 9, 2025
Julia Roberts headline typo makes things real awkward for local paper
Netflix's is testing an 'Instant Replay' feature that users dislike
Someone left a human heart on a Southwest Airlines flight
Amazon Spring Sale 2025: Best deals on cleaning supplies
This gold iPhone XS Max
Mom always falls asleep whenever she asks her son for a bedtime snack
Singapore Paralympian gets swimming gold and smashes her own world record
Best Bluetooth tracker deal: Save 29% on the Tile by Life360 Essentials bundle
The Arctic we once knew is gone, says U.S. government report
The Long View in GranadaFeminists of the Basque CountryBlood Will OutThe New Witches of SalemThe Unofficial Chief of StaffA Faster Horse?Billy Graham’s CrusadesKanye UnboundAt the Columbia University StrikeWatch Rocket Lab try to catch a booster as it falls back to EarthHockey SausageUs vs. HimKanye UnboundThe Fire This TimeStrange, Stranger, StrangestLove, ActuallyThe Ex is CallingDr. Zuckerstein’s MonsterIs Trump the New Clinton?Bankers’ Robberies Here's why you should pay close attention to India's space program Teens are coming together to send Ramadan cards to every mosque in the U.S. Optimistic hero tries to save flooded street one bucket full of water at a time Smart glasses give legally blind man second chance to see his wife at their wedding Wedding photo with actual explosion in it is the final word in dramatic wedding photos British politics right now is straight out of 'Veep,' says its creator iOS 11 will finally bring native GIF support to your iPhone Has Elon Musk finally ... cracked? Hackers takeover Twitter accounts to spread fake news We ran 'Game of Thrones' characters through Amazon's facial recognition software Unpacking WWDC 2017: iOS 11, iPad Pro, HomePod, iMac Pro, and more Nowhere on Facebook is safe from ads—including instant articles Sex discrimination lawsuits pile up in Silicon Valley—and there's no end in sight 'Game of Thrones' Season 7 wants a world record for setting people on fire Those weird '4:44' ads actually tease a Mahershala Ali and Lupita Nyong’o film The next iPhone could have slower data than other flagships Baseball fan's footrace with a superhero really couldn't have gone worse The Oakland A's just ended Wendy's on Twitter while defending the Warriors' honor Kevin Durant and Steph Curry's moms adorably celebrated their sons' Game 3 win together In praise of Justin Bieber's eccentric Instagrams
1.8556s , 10110.59375 kb
Copyright © 2025 Powered by 【Dear Utol (2025): Doctor, Doctor I'm Sick Episode 41】,Information Information Network