Pinterest files for IPO
By
Biju Kumar
Pinterest Inc, the owner of the image search website known for the food and fashion photos that its users post, filed for an initial public offering with US regulators on Friday, looking to tap into a red-hot market for new stock offerings.
The filing comes a day after jeans maker Levi Strauss & Co’s blockbuster debut, and ride-hailing service providers Lyft Inc and Uber are set to pursue much-anticipated listings. Investors are anticipating 2019 may be one of the most active years ever for tech IPOs.