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New Deal


Announced

Pinterest to acquire THE YES.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

ecommerce

Majority

Pending

Single Bidder

Private

fashion

E-commerce

Friendly

Acquisition

Domestic

Synopsis

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Pinterest, a shopping platform, agreed to acquire THE YES, an AI-powered shopping platform for fashion. Financial terms were not disclosed. “THE YES team are experts in building an end-to-end shopping experience. They share our vision of making it simple to find the right products that are personalized for you based on your taste and style. We’re very excited about THE YES’s talented team and technology as we build dedicated shopping experiences on Pinterest,” Ben Silbermann, Pinterest Co-Founder and CEO

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