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PayPal Is Said to Be in Talks to Buy Pinterest in $45B Deal

nytimes.com
7 pointsbiggc2 comments
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The explanation:

Pinterest, which people use to save images to digital pinboards, makes money by selling ads. Since many of its “pins” are products, the company offers “Buyable Pins” so users can shop directly inside its app. Instagram, the photo-sharing app owned by Facebook, has recently made a similar push into e-commerce.

I wonder if shifting the site's focus would make it less or more obnoxious in image searches, which is the only interaction it seems most of us have with Pinterest.

Here's hoping reducing its spam-like footprint would improve their bottom line, and as a side effect improve its reputation among annoyed otherwise-potential customers. I'm not hopeful, though. I definitely wouldn't invest on this news.

Pinterest, which people use to save images to digital pinboards, makes money by selling ads. Since many of its “pins” are products, the company offers “Buyable Pins” so users can shop directly inside its app. Instagram, the photo-sharing app owned by Facebook, has recently made a similar push into e-commerce.

I mean, ok, but still, wat? It strikes me as pretty backwards for a payment processor to buy an e-comm site.

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