How Much Does It Cost To Build An App Like Pinterest? Pinterest has a strong data strategy that has yet to steer them wrong, with AR (augmented reality) as the driving force behind the said strategy. To accommodate this high volume of data, Pinterest’s engineers created a huge online dataset for the app. With pins in the hundreds of billions and upwards of 4 billion boards and counting, big data plays a central role in everything the Pinterest app does. While it may seem simple on the surface, behind the scenes, Duolingo is equivalent to an app like Uber or Facebook in terms of complexity. The algorithms running in the background work to inspire users with new content they have yet to search for or pin to their boards. With machine learning pulling the strings, the app can identify and recommend content based on a user's previous pins, aka their bookmarked or saved content.
It has been described as a social media service designed to discover and save online information through images, videos, and GIFS using pins and boards. The Pinterest app operates as a visual bookmarking platform allowing users (pinners) to ‘pin’ (bookmark) their likes and interests on their online travels. How Much Does It Cost To Build An App Like Pinterest?.The internet is a big place, and there’s plenty of room for competition. With the steady growth of online shopping and labeling and the profitability of a Pinterest-like user base and ads business, now is not the time to shy away from your idea of building an app like Pinterest. A recent e-commerce report highlights the massive spike in online shopping, with eCommerce companies Q2 Growth showing a 140.2% Average Increase. The continued interest in Pinterest (no pun intended) grew considerably during the pandemic, with people turning to the app for inspiration during the lockdown. Pinterest's 2020 quarterly report highlighting a revenue growth of 48% year over year to $1693 mill shows that they are ready to ditch that tagline. No small feat for a company that waited nine years post-launch to go public, file for an IPO, and carry the ‘the next best thing’ tag for some time.
Since then, the visual bookmarking application has grown into a tech powerhouse with 400+ million monthly users, serving over 200 billion pins scattered across 4 billion boards and counting. Pinterest began as a small startup website in 2010 with just a few thousand users.
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