The Best One Yet 💋 “PinPal” — Spanx’s $1B. PayPal’s Pinterest. Maersk & Crocs sitting in a tree, S-H-I-P-I-N-G.
Oct 25, 2021
Discover the potential romance between PayPal and Pinterest as they eye a 'super app' future! Learn about Spanx's recent $1.2B sale and what it means for the market. Shipping delays are intertwined with the quirky connection of Crocs and a Beyoncé concert ticket. Plus, hear the hilarious story of missing clowns post-pandemic, exploring why they vanished and the unexpected benefits that came with it. Join in for a mix of market insights and entertaining anecdotes!
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PayPal's Super App Ambitions
- PayPal may acquire Pinterest to create a "super app", potentially the biggest internet acquisition in a decade.
- This strategy mirrors successful "super apps" in Asia that combine social media, e-commerce, and banking.
Media: The Must-Have Accessory
- Media acquisitions are trending as companies seek to engage audiences with editorial content.
- Examples include JP Morgan buying The Infatuation and HubSpot acquiring The Hustle.
Spanx's Origin Story
- Spanx founder, Sara Blakely, turned a simple idea (cutting pantyhose) into a billion-dollar business.
- Despite early rejections, she persevered, becoming the youngest self-made female billionaire.