Pinterest Expects 60% Sales Growth Thanks to Ad Rebound

Pinterest announced its quarterly results, beating estimates and providing some good news for the advertising business.

We Want To Make It Easier For People To Go From Inspiration To Purchase, Says Pinterest CEO

“I don’t know about social commerce overall but I definitely know that our users often want to buy the things they find on Pinterest,” said Pinterest CEO Ben Silbermann while discussing going public on the NYSE. “We just want to make it easier for them to go from that inspiration all the way to reality, which in this case would be a purchase.”

Pinterest Says Its Ads Have Very Low Opt-Out Rate

Pinterest is hard at work convincing businesses to advertise using its Promoted Pins. It’s been emailing profile admins suggesting pins to promote and it’s been selling itself as another option for marketers to spend money from their search budgets on.…

Pinterest Valued Over $2 Billion

Pinterest is now on the business map, and is now estimated to be a $2.5 Billion company. Pinterest, the newest hit in social media scrapbooking site , is used by web surfers to share and discover images. It has sold…