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Pinterest’s revenue more than doubled year-over-year in the second quarter, reaching $613.2 million, up 125% from $272.5 million in the same period of 2020.
The company credited the easing of pandemic restrictions globally, as well as increased adoption of its measurement solutions by large advertisers, noting that spending by mid-market and managed small advertisers also rose but contributed a smaller share of overall revenue.
However, the easing of pandemic restrictions had the opposite effect on the platform’s user base.