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The three year old company, Pinterest has seen a steep rise in its value of almost 50%. The company now stands at a total worth of USD 3.8 billion (£2.3 billion), following up its fundraising. 


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What remains to baffle everyone is the fact, which not many people know, that Pinterest has yet to generate its revenue.

Earlier this year it had raised over $200m from investors, valuing the firm at $2.5bn.

“We hope to be a service that everyone uses to inspire their future, whether that’s dinner tomorrow night, a vacation next summer, or a dream house someday,” Pinterest co-founder and chief executive Ben Silbermann said in a statement

Pinterest, recently also started the use of ‘promoted pins’, for the test run, as a possible form of advertising.

However, for many speculators, the big question remains to be the means from which the free service can make money based on a business that lets people share images of objects or projects by “pinning” pictures online.

The fresh valuation for Pinterest, which established that the company stands at 46 million active-users, makes it worth more than some publicly traded tech-companies, such as mobile game developer Zynga.