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Today, Pinterest $PINS-1.4% reported results that exceeded expectations. Active users for the month reached 465 million. USD. Analysts were expecting 463.2 million. USD. Average revenue per user was $1.53. Analysts were expecting USD 1.54/user.

Until a few months ago, I thought other social networks would overtake it, but in May it announced a partnership with e-commerce giant Amazon.com and is slowly transforming from an advertising platform to a sales platform.

$33.54 -$0.48 -1.41%
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I occasionally use Pinterest's services, but I probably wouldn't buy their stock. However, it is interesting that this platform is changing from an advertising platform to a sales platform.

I'm just curious about the transformation :)

So do I, and I'm quite interested.

Pinterest sales? I don't know about that. It's an interesting business.

Thanks to the cooperation with Amazon just:)

Yeah, that makes sense. Thank you. (chuckles)

Their results are slowly improving, they're just going to have to adjust costs a little bit, they had more than a 10% increase there this quarter.

I saw that their costs are very high. I think that's why it's in the red now that the results are in.

I think the numbers match. Overall, I think the platform isn't monetized enough and isn't living up to its potential. But if there were a lot of ads, the number of users would drop.

I think that when it becomes more of a sales platform, it will become more attractive to users and increase the company's revenue

but they're gonna have to be smart about it. I don't know why they haven't done it yet...