Pinterest Inc raised around US$1.4 billion in its initial public offering (IPO),fetching a roughly US$12.66 billion valuation, above its expectations, or Reuters reports. Pinterest,the online scrapbook where users save ideas for clothes, décor and recipes, and said it priced 75 million shares for its IPO at US$19 per share,above its US$15-US$17 target range. Its […]
Source: ejinsight.com