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PayPal preparing US$45 billion bid for Pinterest

Inside Retail

billion purchase of LinkedIn in 2016. Acquiring Pinterest would allow PayPal to capture more of that e-commerce growth and diversify its income though advertising revenue. Its shares have risen about 36 per cent in the last 12 months, giving it a market capitalization of nearly $320 billion.

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Retail appointments of the week

Inside Retail

Williams hires new chief marketing officer. Former advertising firm executive Chris Willingham has joined the senior leadership team at iconic Australian footwear and apparel brand R.M. Williams as chief marketing officer. He will start on the new role in the coming weeks. The Iconic hires former Nike exec for GM of sport role.

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Analysis: Competition and compassion in sports sponsorship

Inside Retail

As the most viewed form of television programming, sport is a goldmine for advertisers. million) of his Adidas-clad jersey in the first 12 hours – by the first four, Ronaldo had already smashed the record of the highest daily sale on a single sports merchandise site outside North America. million ($60.5

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US targets Google’s online ad business monopoly in lawsuit

Inside Retail

The US Justice Department accused Alphabet’s Google on Tuesday of abusing its dominance in digital advertising, threatening to dismantle a key business at the heart of one of Silicon Valley’s most successful internet companies. Google shares were down 1.9 per cent on Tuesday. That business was about $31.7 billion in 2021 or 12.3