July 4, 2025 04:19 AM GMT Investor Presentation | Asia Pacific M M Foundation China Internet and Other Services – Entertainment & OTAs Morgan Stanley Asia Limited+ Yang Liu Equity Analyst Yang.Liu@morganstanley.com +852 2239-1911 Tom Tang Equity Analyst Tom.Tang@morganstanley.com +852 3963-1860 Gary Yu Equity Analyst Gary.Yu@morganstanley.com +852 2848-6918 China Internet and Other Services Asia Pacific Industry View Attractive Morgan Stanley does and seeks to do business with companies covered in Morgan St ...

Key Takeaways Pinterest is investing heavily to grow its user base, ad reach and global operations. PINS' Q1 costs rose 12.1% YoY, driven by R&D; June quarter costs are estimated at $937.7 million. PINS aims to enhance ad efficiency and seller tools, despite near-term margin pressure.Pinterest, Inc. (PINS) generates significant revenues by delivering ads on its website and mobile applications. The company is helping advertisers reach millennials and the Gen Z audience who are more active on immersive mobi ...

James Cordwell and Joseph Barker, analysts for the firm, said that much of Reddit's growth over the past few years has been "misconstrued" because it came from logged-out users as the main driver, with many of those users coming from Google's algorithm, according to the outlet. Reddit CEO Steve Huffman has repeatedly said that people are going to Google more with the intention of ending up on Reddit. But the Redburn analysts say this trend could lead to more logged-out user growth than logged-in user growth ...