Pinterest on Friday filed for an initial public offering with the Securities and Exchange Commission, following a number of other major companies forging ahead with plans to go public.
Also filing with the SEC on Friday for its IPO is Zoom, a provider of video conferencing software and services.
Pinterest filed its S-1 prospectus with the SEC, which shows that revenue in 2018 reached $755.9 million, up 60% from the year-ago period, with a net loss of $63 million. It ended the year with 265 million monthly active users, up from 250 million in September.
The Pinterest IPO filing said it seeks to […] Read more