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PayPal is exploring a purchase of Pinterest

Ed Hammond and Liana Baker

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PayPal Holdings is exploring an acquisition of social media company Pinterest, people with knowledge of the matter said.

San Jose, California-based PayPal has recently approached Pinterest about a potential deal, the people said, asking not to be identified because the talks are private. The companies have discussed a potential price of around $US70 a share, the people said.

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    Original URL: https://www.afr.com/companies/financial-services/paypal-is-exploring-a-purchase-of-pinterest-20211021-p591sg