Page 19 - Evan Sharp News Today

NEW YORK, Oct 21 — PayPal Holdings Inc has offered to buy digital pinboard site Pinterest Inc for US$45 billion (RM187.2 billion), people familiar with the matter said on Wednesday, a combination that could herald more financial technology and social media tie-ups in e-ecommerce. It would be the...

As influencers drive more e-ecommerce purchases.

(Bloomberg) -- PayPal Holdings Inc. is exploring an acquisition of social media company Pinterest Inc., people with knowledge of the matter said.

PayPal Holdings Inc (PYPL.O) has offered to buy digital pinboard site Pinterest Inc (PINS.N) for $45 billion, people familiar with the matter said on Wednesday.

PayPal reportedly in talks to acquire Pinterest in $45B deal - SiliconANGLE

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

Retail industry news, voices and jobs. Optimized for your mobile phone.

Digital scrapbooking company has faced challenges of late

In what would be a blockbuster acquisition, PayPal is reportedly exploring the purchase of social media company Pinterest, according to Bloomberg. According to the publication, San Jose, California-based PayPal has “recently approached” Pinterest about a potential buyout. Citing an anonymous source, Bloomberg said PayPal could pay around $70 a share, which would value Pinterest at […]

PayPal's shares were down about 3.5 per cent on Wednesday, while Pinterest was up over 10 per cent at $61.55.