Pinterest could be worth nearly $12 billion, according to IPO filing

Still, that is less than some recent private valuations of the company.

The IPO by Pinterest would follow the recent public offering by car service Lyft (LYFT). Several other privately held start-ups worth at least $1 billion are also preparing offerings later this year, including Uber, Slack and Postmates.

Pinterest is a social media platform that lets people bookmark or "pin" images ranging from recipes to home designs.

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from CNN.com - RSS Channel https://cnn.it/2WRhRLl