PayPal set to buy Pinterest for 45 billion dollars
India Today
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 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, a combination that could herald more financial technology and social media tie-ups in e-ecommerce.
It would be the biggest acquisition of a social media company, surpassing Microsoft Corp's (MSFT.O) $26.2 billion purchase of LinkedIn in 2016.
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