Despite being banned in our country, the digital payment company PayPal, which maintains its popularity all over the world, is increasing the number of its companies. The company, which enables shopping online with or without a card, and sending and receiving money via e-mail, wants to increase its income by purchasing the popular social media application.
According to the data announced in 2020, PayPal, which provides an annual revenue of 21.45 billion dollars, has many companies from independent sectors, especially Venmo, Xoom, Zettle and Honey. The information that emerged yesterday is that the number of companies within PayPal will increase. The digital payment company rolled up its sleeves to buy the popular social media platform.
PayPal and Pinterest sat on the table
According to the information revealed yesterday, PayPal, which rolled up its sleeves to buy the popular social media platform Pinterest, held a meeting with the company. Pinterest shares, which started to rise with the rumors, rose to $ 62.68 levels. While the Pinterest front refused to make a statement regarding the meeting, the PayPal front did not even answer the questions.
According to the information received, PayPal, which offers to give 70 dollars to Pinterest shares, which is in the 62 dollar band, is determined to buy the platform. If the companies agree on this price, Pinterest will cost PayPal $39 billion. This will make it the most expensive social media platform ever sold.
Previously, Instagram was sold to Facebook for approximately $1 billion (2012) and WhatsApp for $19 billion (2014). Slack, which is also one of the sold social media platforms, was paid $27 billion (2021) by Saleforce. However, Pinterest may surpass all these and become the most expensive social media platform in history.
What do you think about Pinterest, which has 454 million monthly active users? Are you using this platform? You can express your views in the comments…
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