00:00It's Benzinga, bringing Wall Street to Main Street.
00:03PayPal Holdings shares closed higher Thursday after the company said it agreed to acquire
00:08Symbio as it sharpens its focus on AI-driven commerce, according to Benzinga.
00:13Financial terms were not disclosed, but the acquisition is expected to close
00:17in the first half of 2026, subject to customary conditions.
00:22Symbio operates a multi-channel orchestration platform
00:25that connects merchants with global marketplaces and AI shopping experiences.
00:30PayPal said Symbio's technology will be integrated into its agentic commerce stack,
00:35allowing sellers to service products across tools such as Microsoft Copilot.
00:40The companies have worked together since October 2025,
00:44when Symbio began powering PayPal's StoreSync service.
00:48PayPal shares were up by 2.25% at $57.15 at Thursday's close,
00:54according to Benzinga ProData.
00:56For all things money, visit Benzinga.com.
Comments