SAN FRANCISCO Pinterest, the online visual discovery platform with an estimated 250 million users, filed for a public share offering on Friday, the latest of the big venture-backed start-ups to hit Wall Street. The San Francisco-based bulletin board that connects people...
SAN FRANCISCO Pinterest, the online visual discovery platform with an estimated 250 million users, filed for a public share offering on Friday, the latest of the big venture-backed start-ups to hit Wall Street.
The San Francisco-based bulletin board that connects people with interests including food, fashion, travel and lifestyle said it would trade under the symbol PINS on the New York Stock Exchange. "Pinterest is where more than 250 million people around the world go to get inspiration for their lives," the company said in its filing with the US Securities and Exchange Commission, which is expected to seek a valuation of around US$12 billion .
Documents for the initial public offering showed Pinterest lost US$63 million last year on revenue of US$755.9 million.Launched in 2010, Pinterest brings in money from its role in online shopping and from advertising.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pinterest files for IPOPinterest Inc, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public ...
Read more »
Pinterest steps up planning for IPO, aims to list shares on NYSE in April: WSJImage-search company Pinterest Inc has sped up the timing of its initial public offering, as it looks to tap into a red-hot market for new issues, ...
Read more »
Levi Strauss valued at US$6.6b as IPO prices above targetNEW YORK: Levi Strauss & Co said it sold US$623.3 million in shares in its initial public offering (IPO) on Wednesday (Mar 20), as the US jeans ...
Read more »
Indonesia's Lion Air starts work on US$1b IPO: BloombergIndonesian carrier Lion Air has started working on US$1 billion domestic initial public offering (IPO), Bloomberg reported on Thursday citing ...
Read more »
At IPO road show, Lyft executives look to lower insurance costsLyft Inc executives are focused on cutting insurance costs and will phase in self-driving vehicles on simple routes first, they said at a road ...
Read more »
India's state-run MSTC US$33 million IPO subscribed 1.5 times after sale extensionREUTERS: Indian e-commerce firm MSTC Ltd's initial public offering to raise as much as 2.26 billon rupees (US$32.86 million) was subscribed 1.5 ...
Read more »
Global IPO proceeds down 74% to US$13.1b in Q1 from year ago: EYONGOING geopolitical uncertainties dampened global IPO (initial public offering) activity in the first three months of this year, though a rebound is expected in the next quarter once the 'fog of uncertainty' clears, according to a quarterly IPO trends report by Ernst & Young (EY). Read more at The Business Times.
Read more »
Exclusive: Lyft's IPO already oversubscribed - sourcesLyft Inc's initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ...
Read more »
Exclusive: Lyft's IPO oversubscribed after two days - sourcesLyft Inc's initial public offering (IPO) is oversubscribed based on commitments made so far by investors, making it more likely that the ...
Read more »