October 20, 2021
Paypal may be looking to buy Pinterest. Image credit: Pinterest
By Luxury Daily News Service
Financial technology company PayPal is preparing to acquire social media platform and visual discovery engine Pinterest, according to multiple media reports.
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It would be a bad deal for paypal if they are after advertising business. Pinterest is a tough place for publishers. It has habit of banning every then and now. Publishers don’t trust them. Also their userbase is mostly moms trying to earn buck from home (nothing wrong with that) and its a small horizon for growth.