PayPal Holdings Inc Looking To Buy Digital Pinboard Site Pinterest In $45 Billion Deal: Report
PayPal's shares were down about 3.5 per cent on Wednesday, while Pinterest was up over 10 per cent at $61.55.
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PayPal's shares were down about 3.5 per cent on Wednesday, while Pinterest was up over 10 per cent at $61.55.
PayPal Holdings Inc has offered to buy digital pinboard site Pinterest Inc for $45 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.
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PayPal Holdings Inc has offered to buy digital pinboard site Pinterest Inc for $45 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.
The talks come as internet shoppers increasingly buy items they see on social media sites like TikTok and Instagram.