In 2018, the growth of the visual service Pinterest suffered because of the updated search algorithm Google. This is stated in the application for IPO filed by the company the other day.
According to the document, in the first quarter of 2018, Google de-indexed the landing pages on Pinterest, which affected the search traffic and the growth of the user base of the service for the rest of the year.
The company said that they could not recover from the damage caused to the site by Google’s...