PayPal Shows ‘Super App’ Ambitions With Pinterest Pursuit
- Online payments giant said to be weighing a $45 billion deal
- CEO Dan Schulman seeks to take PayPal beyond the checkout page
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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.