It is also seeing strong growth in the overseas market, as shown in its quarterly earnings. Despite hitting a brick wall on MAU growth, the company’s emphasis on ARPU (average revenue per user) growth will be able to fuel overall revenue growth. The company is now expanding its foothold to the social commerce space, which I believe will open up a lot of new monetization opportunities. However, I believe this is a good buying opportunity for Pinterest. As a result, the stock price has been plummeting since early last year and is now down over 75% from its all-time high. Yet, as the pandemic wanes and the lockdown eases, investors are fleeing the stock with concern over MAU growth and future prospect. This can be attributed to the worldwide lockdown which significantly boosted the company’s MAU (monthly active users) and engagement rate, as a lot of people turned to Pinterest to find ideas for cooking recipes, knitting patterns and etc., as they are stuck at home. The company saw its share price rise from $12.2 in March 2020 to over $85 in February 2021, up 600% within just a year. Pinterest was one of the winning stocks from the pandemic. Pinterest ( NYSE: PINS) is a social media company that allows users to share and discover ideas through pictures and videos, currently with global monthly active users of over 430 million.

Pinterest app open