Pinterest Inc.’s widely anticipated initial public offering drew a warm reception from investors Thursday. Shares of another technology IPO, Zoom Video Communications Inc., fared even better.
and food-delivery app company Postmates Inc. are expected to go public as well.
Pinterest operates in a crowded digital marketing space, where Google and Facebook Inc. get the lion’s share of advertising dollars, and a smattering of smaller platforms like Twitter Inc. and Snap Inc. get the rest.
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