Executive Summary

• Pinterest’s Buyable Pins are now available on Android devices, expanding their reach by 1.4 billion. Pinterest also launched a landing page called Pinterest Shop
•  German banks have unveiled Paydirekt, the result of an industry-wide cooperation between German private, cooperative and savings banks
• Coty announced the purchase of Hypermarcas’ beauty businesses for about US$1 billion. Included in the acquisition are leading Brazilian hair care, hair color, nail care, men’s and skin care brands