The Holidays Are Beginning to Look a Lot Like Pinterest
With Wall Street still fawning over Snap’s monster results last week, Pinterest did them one better.
The company said on Wednesday that it grew revenue 58% in the third quarter year-over-year, exceeding even analysts’ bullish forecast by roughly 16%. That is a huge step up from just 4% revenue growth in the second quarter and underscores the appeal of Pinterest’s differentiated platform as a commerce destination just as store closures and health concerns are pushing consumer spending online. Pinterest said it benefited from…