| Market Capitalization (Millions $) |
50,563 |
| Shares
Outstanding (Millions) |
920 |
| Employees |
23,800 |
| Revenues (TTM) (Millions $) |
33,734 |
| Net Income (TTM) (Millions $) |
11,141 |
| Cash Flow (TTM) (Millions $) |
1,362 |
| Capital Exp. (TTM) (Millions $) |
887 |
Business Description
Paypal Holdings Inc is an American company that specializes in online payments and money transfers. It was founded in December 1998 under the name Confinity by Peter Thiel, Max Levchin, and Luke Nosek. In March 2000, it merged with X.com, an online banking company founded by Elon Musk, and changed its name to Paypal. It became a public company in 2002 and was later acquired by eBay in 2002 for $1.5 billion.
Paypal became a separate publicly-traded company in July 2015, after eBay spun it off into an independent entity. Today, Paypal operates in more than 200 markets and has over 300 million active accounts worldwide. Its headquarters are located in San Jose, California, and it has a strong international presence in countries such as India, China, Japan, and the United Kingdom.
Paypal's business model is based on providing a secure, reliable, and easy-to-use platform for digital payments. It allows users to send, receive, and hold funds in 25 currencies. The company's main revenue source is from transaction fees charged to businesses and individuals who use its services.
Paypal has been a pioneer in the online payments industry and has continuously introduced new products and services to its platform. Some of its most popular features include Paypal Checkout, Venmo, Paypal Credit, and the One Touch payment system. It has also expanded into other areas such as mobile payments, e-commerce solutions, and digital wallet services.
Key factors that set Paypal apart from its competitors include its robust security measures, buyer and seller protection programs, and a user-friendly interface. The company has invested heavily in technology and partnerships to ensure it stays ahead in the fast-evolving payments landscape.
In addition to its core business activities, Paypal is also committed to social responsibility and sustainability. It has a dedicated Corporate Social Responsibility (CSR) program that focuses on fostering financial health and inclusivity, entrepreneurship, and environmental sustainability.
Paypal has been recognized for its excellent performance and innovation in the payments industry, as well as for its commitment to sustainability and social responsibility. The company has received numerous awards and accolades, including being listed as one of the 100 Best Corporate Citizens by Corporate Responsibility Magazine in 2020, and being named one of the 100 Worldes Most Innovative Companies by Forbes in 2019.
Company Address: 2211 North First Street San Jose, 95131 CA
Company Phone Number: 967-7000 Stock Exchange / Ticker: NASDAQ PYPL
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4.5% 
183.56 %