Stripe and Advent reportedly offered to buy PayPal for around $53.4B



Ask most people what they love about camping, and they probably won’t tell you about how easy it is to set up their tent or how long the ice lasts in their Yeti. Yes, your tent should go up quick, and your cooler should keep things cold, but then thoughts of gear should fade away as you focus on enjoying paddleboarding, hiking, or reading in a hammock.The secret to success is gear you can set and forget. REI's latest camping gear promises to do just that—and does so without costing a fortune. The Co-op’s 2026 line of camping and hiking gear features some new products, along with updates to old favorites. I’ve spent the last few months putting many of the company’s items through their paces, and the following emerged as my favorites.Table of ContentsA Sturdy, Family-Friendly Car Camping Tent: REI Co-Op Westward Tent, from $449A Luxury Camping Pad for Less: REI Co-Op Westward Dreamer Self-Inflating Bed, from $199A Warm Sleeping Bag: REI Co-Op Siesta Hooded 20 Sleeping Bag, from $149A Lightweight Sleeping Bag: REI Co-Op Campwell 30 Sleeping Bag, from $100The Cadillac of Coolers: Yeti Roadie 60 Wheeled Cooler, $475Summer Sun Protection: REI Co-Op Sahara Shade Hoodie, $60Moar Power: Goal Zero Yeti 1500 Portable Power Station, $1,500A Fantastic Bike for Kids: Co-Op Cycles Rev 24 Kids Mountain Bike, $499A Sturdy, Family-Friendly Car Camping TentCourtesy of REICourtesy of REICourtesy of REIREI Co-opWestward TentThe Westward 6 is a spacious, cross-pole design, family-friendly tent for three-season camping. It comfortably sleeps two adults, three kids, and one dog. It could theoretically fit six adults, though this would feel crowded. Setup is relatively simple, thanks to the color-coded poles. After you've completed the process once or twice, you’ll be able to set up your tent in 10 minutes flat. One caveat: If you're expecting inclement weather during your camping trip, you should spend the extra time to stake the tent, especially the guylines on the rainfly. But even with this extra step, setup is about as simple as it gets.The 77-inch peak height means you won't need to crouch as you move around inside, and the huge front vestibule provides space to store dirty gear, which helps keep the tent’s interior cleaner. There are plenty of storage pockets around the tent for stashing gear, plus a clip suspended in the center that can support a heavy-duty lantern. With two doors, which each also have windows, there's plenty of ventilation when you need it, and the tent’s light blue color keeps things relatively cool, even in direct sunlight. The bug-proof mesh paneling on the walls, doors, and windows also helps with temperature control, allowing warm air to vent out the top of the tent rather than turning the whole thing into a greenhouse. For smaller groups, there's also the Westward 4, which is essentially the same great tent, just a smidge smaller.A Luxury Camping Pad for LessCourtesy of REIREI Co-opWestward Dreamer Self-Inflating BedREI's Westward Dreamer Self-Inflating Bed is the best deal around for a luxury camp pad. My top pick camp pad, the Therm-a-Rest MondoKing, is slightly better at insulating heat (boasting an R-value of 7 to the Dreamer's 6.7), but for summertime use, the $60 cheaper Dreamer is the better buy. This updated version (it was previously called the REI Camp Dreamer XL) now includes a repair kit and an improved valve system, which makes fine-tuning its inflation level much easier. (Pro tip: Don't overinflate these oversized pads, as they're more comfortable when they have some give.)The Dreamer conveniently comes with a duffel-bag–style stuff sack that makes it easier to carry around (and gathering it into the bag isn’t too tough). The included inflation sack is one of the bigger and better options you'll find in a pad like this. It requires about four bags full of air to get the pad to a nice firm start, which you can then adjust to your preference by letting out air until it’s at your ideal level.A Warm Sleeping B
In Brief Posted: 8:30 AM PDT · July 15, 2026 Image Credits:Photo by Thomas Trutschel/Photothek / Getty Images (Image has been modified) Stripe and private equity firm Advent International have reportedly submitted a joint bid to acquire PayPal in a deal valued at approximately $53.4 billion. Reuters reports that the offer was submitted earlier this month and is backed by roughly $50 billion in committed bank financing. Under the proposal, Stripe and Advent would jointly own PayPal, with each holding an equal stake. This isn’t the first time Stripe has been linked with a potential acquisition of the payments giant. Earlier reports in February suggested the company had been exploring a possible takeover and was engaged in preliminary discussions, although no formal proposal emerged at the time. If completed, the acquisition would unite two of the biggest names in digital payments. PayPal serves around 440 million active accounts and handles roughly $1.8 trillion in payment volume during 2025. Meanwhile, businesses use Stripe to process $1.9 trillion in payments over the same period. Plus, Stripe’s valuation climbed to $159 billion earlier this year. PayPal has yet to respond publicly to the offer. The potential deal comes at a pivotal time for PayPal. CEO Enrique Lores took over in March following a company profit warning. Since then, there have been plans to cut at least $1.5 billion in costs over the next two to three years as PayPal looks to return to stronger growth. Reports have also suggested the company intends to reduce its workforce by around 20%. PayPal, Stripe and Advent International did not immediately respond to our requests for comment. Topics Subscribe for the industry’s biggest tech news Latest in Fintech
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