Space News from SpaceDaily.com
Pinterest pops past Snapchat in US
San Francisco, Jan 14 (AFP) Jan 14, 2020
Shares in Pinterest popped on Tuesday after a market tracker reported that the online bulletin board surpassed Snapchat to become the third most used social media platform in the US.

Pinterest's user base grew slightly more than nine percent to 82.4 million US users last year, topping Snapchat's 80.2 million users, according to the research firm eMarketer.

The growth spurt would make Pinterest the number three US social platform behind Facebook and its Instagram unit.

"While Snapchat has a young core audience that it caters to, Pinterest has a more universal appeal, and it's made significant gains in a wide range of age groups," said eMarketer analyst Nazmul Islam.

Shares in San Francisco-based Pinterest ended the formal trading day up about 10 percent.

The market tracking firm expected Pinterest to be more popular among US users in the years ahead, with the online bulletin board's lead on the image-centric messaging service widening through the end of 2023.

With its share offering, Pinterest got off to a flying start on Wall Street early last year in the market debut for the visual discovery service.

Pinterest, launched in 2010, is a virtual bulletin board platform, with users decorating their boards with pictures showcasing interests including food, fashion, travel and lifestyle.

It also enables users to link to online shopping and other services to find items they have "pinned."


ADVERTISEMENT




Space News from SpaceDaily.com
China to send youngest astronaut, mice on space mission this week
China accelerates crewed lunar mission with commercial partnerships and testing milestones
Consciousness debate intensifies as scientists urge clarity while AI and robotics advance

24/7 Energy News Coverage
U.S. interventions south of the border are almost as old as the nation
G7 to launch 'alliance' countering China's critical mineral dominance
Climate change, poor planning drive Vietnam flooding

Military Space News, Nuclear Weapons, Missile Defense
Studying war in the new nuclear age
France vows support for NATO ally Romania after US troop cut
Russia says recent weapons tests 'not nuclear' after Trump orders US tests

24/7 News Coverage
AI challenge advances satellite-based disaster mapping
Analysis finds food production choices directly impact extinction risk for thousands of animal species
Antarctic moisture research will model ice sheet formation in ancient warm periods


All rights reserved. Copyright Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse.