San-Francisco based Pinterest Prepping up for Global Expansion
San-Francisco based web and mobile application Pinterest is looking forward for global expansion and is eyeing India and Southeast Asia next. The USA unicorn valued at over $12 billion allows users to create virtual pinboards and discover information on the World Wide Web.
The platform currently claims to have 250 million monthly active users, half of them outside the US. Almost 80% of the company’s new users are from international markets.
“Last few years, we have focused on South America, Western Europe and a bit on Japan. This year we are increasingly thinking about Southeast Asia, India and other parts of the world we haven’t serviced,” co-founder Evan Sharp stated.
Pinterest has launched seven offices in international markets. Along with this, it had also introduced the Hindi lan...