What We Can Learn From PayPal’s Abandoned Bid for Pinterest

PayPal may have nixed potential plans to acquire Pinterest, but there’s still much to learn by examining why PayPal was interested in shelling out $45 billion for the social media platform. The payments titan saw the opportunity to build out its super app and e-commerce capabilities and was possibly prepared to make its most expensive acquisition ever, flying past the $4 billion it spent on Honey, offering insights into PayPal’s growth strategies. And PayPal’s interest in Pinterest and apparent willingness to pay a hefty fee for it should inform numerous payment firms’ strategies going forward since a deal like this one could come to fruition at any moment.