AFTPY - Why PayPal Buying Pinterest Wasn't Such A Bad Idea
- After nearly a week of market rumors, PayPal released a short but sweet statement on Monday morning (Oct. 25) stating that it is not pursuing an acquisition of Pinterest “at this time.”.
- Today, Pinterest reports more than 400 million monthly unique visitors globally, and 91 million monthly unique visitors in the U.S.
- We know today, right now, that there is no PayPal-Pinterest deal. But the fact that there was potential interest in the news cycle suggests more evidence that the connected economy is real - and is a strategic consideration for many of the biggest players across the digital economy.
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Why PayPal Buying Pinterest Wasn't Such A Bad Idea