PayPal Holdings, Inc. is a leading American financial technology company specializing in digital payments. Headquartered in San Jose, California, PayPal operates a global platform facilitating online and mobile transactions for consumers and merchants.(Wikipedia, SP Edge)
🏢 Company Overview
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Founded: 1998 (originally as Confinity)
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Headquarters: San Jose, California, USA
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CEO: Alex Chriss
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Employees: Approximately 24,400 (as of 2024)
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Ticker Symbol: PYPL (NASDAQ)
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Market Capitalization: Approximately $64.5 billion (Encyclopedia Britannica, Sustainability Magazine, Wikipedia, GlobalData)
💼 Business Operations
PayPal offers a suite of services enabling users to:
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Send and receive payments online and via mobile devices
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Make purchases using digital wallets
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Transfer funds domestically and internationally
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Utilize "Buy Now, Pay Later" options
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Engage in cryptocurrency transactions(SP Edge, GlobalData, FinanceCharts)
The company's ecosystem includes several subsidiaries:(SP Edge)
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Venmo: Peer-to-peer payment platform
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Braintree: Global payment processing solutions
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Xoom: International money transfer service
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Zettle: Point-of-sale solutions for small businesses
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Honey: Online shopping and rewards platform(FinanceCharts)
📊 Financial Highlights (2023)
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Total Payment Volume: $1.52 trillion
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Revenue: $29.8 billion
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Net Income: $4.2 billion
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Active Accounts: 426 million (including 35 million merchant accounts) (SP Edge)
🚀 Recent Developments
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Cryptocurrency Integration: Launched "Checkout with Crypto" and introduced a U.S. dollar-denominated stablecoin, PayPal USD (PYUSD).
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Artificial Intelligence: Incorporated AI to personalize user experiences on PayPal and Venmo platforms.
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Strategic Partnerships: Expanded collaborations with companies like Amazon, Shopify, and Verifone to enhance merchant services. (Encyclopedia Britannica, Investors.com)
📈 Stock Performance
As of May 16, 2025, PayPal's stock (PYPL) is trading at $71.57, with a market capitalization of approximately $64.5 billion. The company has a price-to-earnings (P/E) ratio of 14.20 and earnings per share (EPS) of $4.45.