Daily Poll: A mutually beneficial relationship? Paypal and Pinterest.
![Daily Poll: A mutually beneficial relationship? Paypal and Pinterest.](https://ussnsimg.moomoo.com/1634879322514-77777000-android-org.gif/bigmoo)
Payment system $PayPal (PYPL.US)$ is in talks to buy social media platform $Pinterest (PINS.US)$ . The deal, estimated at $40 billion would give Paypal access to Pinterest’s social media network and entrench it further in the e-commerce space.
However, some investors and Analysts have doubt about this potential purchase and soon showed in their stocks price.
Shares of $PayPal (PYPL.US)$ fell 5.9%, dropped $15.15 to $243.21. That was on top of a 4.9% drop on Wednesday. PayPal lost more than $30 billion in market value.
$Pinterest (PINS.US)$ fell 2.1%. They had jumped 13% Wednesday.
$Pinterest (PINS.US)$ fell 2.1%. They had jumped 13% Wednesday.
Pinterest has less of a record in e-commerce. It generates most of its revenue from advertising, not shopping. PayPal would have to spend resources to help make Pinterest into a commerce platform while also integrating it with PayPal’s other properties.
A similar motivation was part of the rationale for $Block (SQ.US)$ $29 billion deal for $Afterpay Ltd. (AFTPF.US)$ . Square announced in August that it plans to acquire the buy-now-pay-later company. In that deal, Square’s Cash App would integrate with Afterpay and introduce the more than 70 million Cash App users to items they might want to buy at Afterpay merchants. This deal seems much more ideal than the former.
But who knows? Maybe the management of Paypal sees some potential from the deal. Let's grab some popcorn and keep watching what's going to happen to them.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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NyC SK : PayPal is following Futu stock trailer
Mars Mooo : "I like
you to like
me back" ![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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GT1982 : Good deal or not I can't say for now. But I know a good value when I see one. Bought some PYPL yesterday.
FBI888 : $PayPal (PYPL.US)$
$Pinterest (PINS.US)$
A partnership that is beneficial to both parties
JeffreyBodin : PayPal is in talks to offload...
![woman-shrugging 🤷♀️](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f937-200d-2640-fe0f.png)
![sunglasses 😎](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f60e.png)
YUGE cash reserves.
Been winning too hard during the pandemic.
Need to put it somewhere.
Feels like their going to buy every one they can.
While they can.
NotRoss : The drop is only temporary! Looking forward to the cooperation of these two companies
kittyzai :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
JohnnyPuah NyC SK : Good
飞鸟跌穴298884 : Pinterest has a great user experience, and if you include a simple PayPal payment feature, it would have great results, but it will take time to prove it!
Happybee7158 : No reaction from another party?
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