Pinterest Price Up 50 Percent

What is the value of social networking Pinterest ? According to recent business developments , social networking is given a price of 3.8 billion U.S. dollars .

This figure is up more than 50 percent from last year , when he was just turned three years old .

Network that explores the concept of virtual scrapbook has gain fresh capital 225 million U.S. dollars from a group of investors led by Fidelity Investments .

Previously , Pinterest also received funds from investors amounting to 200 million U.S. dollars to the value of the company at that time sitaksir about 2.5 billion U.S. dollars .

Pinterest say they plan to use the new funds to expand internationally and develop services on mobile phones .

picture paid

They also will look at the various possibilities to make these services make money for the company to earn revenue .

" We hope to become a service used by all people to inspire their future , whether it's about the next day's dinner idea or a dream home , " said co-founder and Chief Executive Click Pinterest Ben Silbermann in a statement .

" This new investment allows us to pursue a more aggressive goal . "

Earlier this month , the company began testing the use of a paid image ( Promoted pin ) as a form of advertising .

San Francisco -based company also recently opened an office in the UK , France , and Italy . They target to operate in 10 countries by the end of this year .

Posted in: Internet