Pinterest Reports Lowest Revenue Growth in Two Years

Pinterest new Chief Govt Invoice Prepared mentioned he was going to emphasise profitability as he places his imprint on the corporate because the weakened digital-advertising market has dented gross sales development for the social-media platform and its friends.

“I do not subscribe to a growth-at-all-costs mentality,” Mr. Prepared mentioned on a name with analysts, including he would scrutinize spending to spice up profitability subsequent 12 months. “While I believe we need to invest in long-term growth, I also believe that constraints breed creativity and can lead to even better product outcomes.”