Pinterest posts strong advertising growth

Pinterest’s latest report shows a 62% growth in revenue year over year, indicating strong interest in the platform’s visually based advertising.

Likewise, Snap, Amazon and Twitter have also reported strong ad growth in recent weeks.

These are still relatively small players compared to the $32.6 billion spent on Google Ads and $16.62 billion on Facebook Ads in the same period.

However, the growth could be indicative of advertisers looking to diversify spending in the $333 billion market.

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