The Denver Gazette

Sources: PayPal in $45 billion bid for Pinterest

REUTERS

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 tie-ups between financial technology and social media companies in e-commerce.

The deal talks come as internet shoppers increasingly buy items they see on social media, often following “influencers” on platforms such as Instagram and TikTok.

BUSINESS

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2021-10-21T07:00:00.0000000Z

2021-10-21T07:00:00.0000000Z

https://daily.denvergazette.com/article/281956020984286

The Gazette, Colorado Springs