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Pinterest weighed big ad sales acquisition, Information reports

In January, Pinterest (PINS) weighed spending hundreds of millions of dollars on a deal to supercharge its ad sales, underlining its ambition to compete more with companies like Meta (META), The Information’s Catherine Perloff reports, citing a person familiar with its plans. The company contemplated purchasing one of five ad tech farms after never having bought a business of any size before, the author notes.

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