Tue. Dec 7th, 2021

There is PayPal Stated That it “is not following an acquisition of Pinterest at this time,” effectively denies Rumors An upcoming $ 45 billion acquisition has been reported by First Bloomberg. The one-line release does not confirm or deny that the companies were ever in talks, but the response seems to have ended the possibility of an agreement that could happen in the near future. Pinterest has not yet commented on the rumors.

The deal seemed strange at first glance, considering that PayPal’s banking and merchant business has moved far away from a social network like Pinterest. Recently PayPal Acquired Buy now, pay later payer and have been acquired Cryptocurrency trading, But these things are at least related to its core business. However, there is a commercial footprint with Pinterest Social shopping Via PIN which lets you make purchases directly from the app.

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