PayPal is not pursuing an acquisition of social media company Pinterest, the digital payments giant announced in a
Monday, putting a stop to days of speculation over what could have been one of the internet industry’s largest deals in years. Key Facts PayPal said it is not pursuing a deal to acquire Pinterest “at this time,” according to a single-sentenceThe denial is a direct response to “market rumors” the payment giant was in talks to acquire Pinterest, PayPal said. by Bloomberg last week, would have reportedly valued Pinterest at around $45 billion and been PayPal’s biggest acquisition since it bought coupon company Honey for $4 billion in 2019.
As expected. PayPal doesn't need Pinterest, Pinterest needs PayPal.
paypal. let's get deal with quid
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