Pinterest: The frictionless social commerce play for 2024

Key PointsPinterest is a leading social commerce platform that has mastered the art of frictionless soft sales.Pinterest grew its global monthly average users (MAUs) by 8% year-over-year (YoY) to 482 million and grew average revenue per user (ARPU) by 3% YoY to $1.61 globally and 5$6.46 in the U.S. and Canada.Pinterest is back in the black, earning a GAAP net income of $7 million and adjusted EBITDA of$185 million in Q3 2023.5 stocks we like better than PinterestPop-up ads, auto-play videos, track ...