When Facebook makes money with advertisements, how can Pinterest stay behind? There are promoted pins on Pinterest to enhance its revenue.
You heard it right! Pinterest has launched an advertising business to target its 46 million users. It is charging brands to place content on users’ “pinboards” much the way Facebook and Twitter allow businesses to pay to put their messages inside streams of updates from friends.
Pinterest is looking to earn the $2.5 billion valuation it received after its last financing round of $200 million.
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