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27.10.2024 12:14:00

Will Pinterest Be Worth More Than Amazon by 2050?

Pinterest (NYSE: PINS), one of the world's largest social media platforms, differentiates itself from its competitors in two ways. First, it encourages its users to share their interests, ideas, and hobbies by pinning images, videos, and websites to its virtual pinboards. That user-powered flywheel drives its advertising algorithms to craft more effective first-party ads than other data-mining advertising platforms.Pinterest's platform is also a natural showcase for "shoppable" pins that allow its users to purchase products directly from its pinboards. That's why many retailers have already uploaded their entire catalogs to Pinterest's boards, and why it integrated Shopify's (NYSE: SHOP) e-commerce services into its pins for smaller merchants.Image source: Pinterest.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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Amazon 187,38 -0,90% Amazon
Pinterest 31,95 0,16% Pinterest