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PayPal Shows ‘Super App’ Ambitions With Pinterest Pursuit (1)

Oct. 21, 2021, 1:41 PM

PayPal Holdings Inc.’s pursuit of Pinterest Inc. would be a giant leap away from its longtime image as a mere online checkout button.

For months, PayPal has been touting its ambitions to become the next global “super app,” akin to China’s Alipay and WeChat, India’s Paytm or Singapore’s Grab -- digital ecosystems that blend social media, commerce and banking.

The firm, which recently launched a high-yield savings account and shopping features, is now said to be weighing a $45 billion acquisition of Pinterest -- a visual search and scrapbooking platform that lets users save, collect and group images by ...