The latest post on ‘ReadWriteWeb’ is titled “Pinterest’s $100 Million Infusion: It’s the E-Commerce, Stupid”.

Dan Rowinski says, “Social bookmarking site Pinterest has landed a $100 million round of funding on a $1.5 billion valuation today. The investment was led by Japanese e-commerce platform Rakuten. By taking money from a foreign technology company, Pinterest bucks the trend of U.S. startups clamoring for money from U.S. venture capital firms. Rakuten’s funding and partnership can help Pinterest grow in both domestic and foreign markets”.

Pinterest’s $100 Million Infusion: It’s the E-Commerce, Stupid

ReadWriteWeb

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