Recent events
Recent events tied to this brand in public sources.
Back to profile72 entries · Page 3 of 4
2020
PayPal appoints Qiu Han to lead its China business
PayPal announced Qiu Han's appointment as head of its China business, with the titles of senior vice president and CEO of PayPal China.
2020
PayPal begins notifying employees of planned Omaha layoffs
PayPal began notifying employees about layoffs affecting dozens of sales staff at its Omaha office; the article says no more than 50 people would be laid off.
2020
PayPal partners with Paxos for crypto services
PayPal partnered with Paxos Crypto Brokerage to launch a cryptocurrency service. The article described Paxos as providing brokerage infrastructure and handling liquidity, technology and regulatory matters.
2020
PayPal rolls out QR code payments in 28 markets
PayPal rolled out QR code payments in 28 markets, including Canada, allowing customers to scan a seller's QR code to complete a transaction.
2020
PayPal reportedly plans cryptocurrency buying and selling service
A report citing people familiar with the matter said PayPal was preparing to launch a service allowing users to buy and sell cryptocurrency directly through PayPal and Venmo; the service might launch within the following three months or earlier.
2020
PayPal prices $4 billion senior notes offering
PayPal announced that it had priced an offering of $4 billion in senior notes. The offering was expected to close on May 18, 2020, subject to customary closing conditions.
2020
Spotify launches Artist Fundraising Pick
Spotify launched Artist Fundraising Pick, a feature that lets artists raise funds for themselves, their crews, or verified music relief initiatives through their profiles.
2020
ALTBalaji partners with PayPal
ALTBalaji partnered with PayPal on a payment offer for subscribers, providing cashback vouchers of Rs 10 to Rs 300 on a qualifying first PayPal transaction during the offer period.
2020
PayPal lowers first-quarter revenue outlook
PayPal said COVID-19 had negatively affected international cross-border e-commerce activity and estimated an approximately one-percentage-point reduction in first-quarter year-over-year revenue growth versus its prior guidance. It expected first-quarter revenue toward the lower end of its previously guided range of $4.78–$4.84 billion and reaffirmed its GAAP and non-GAAP EPS guidance.
2020
FIS announces extension of PayPal partnership
FIS announced an extension of its partnership with PayPal, enabling eligible cardholders of participating U.S. financial institutions to use loyalty points for eligible PayPal purchases beginning in the third quarter of 2020.
2020
PayPal reports fourth-quarter and full-year 2019 results
PayPal reported its fourth-quarter and full-year 2019 financial results, including fourth-quarter revenue of $4.961 billion, up 17% year over year, and full-year revenue of $17.772 billion, up 15%.
2020
PayPal and UnionPay International announce global partnership
PayPal and UnionPay International announced a global partnership to expand network acceptance and collaborate on serving customers and merchants. The agreement also includes joint marketing at PayPal merchants.
2020
PayPal completes acquisition of Honey
PayPal completed its acquisition of shopping-rewards platform Honey for $4 billion in early January 2020.
2019
PayPal completed its acquisition of a 70% stake in GoPay
PayPal completed its acquisition of a 70% equity stake in GoPay, enabling it to provide online payment services in China. The transaction had been approved by the People’s Bank of China on September 30.
2019
Citi and PayPal expand institutional payments partnership
Citi and PayPal announced an expansion of their partnership, enabling Citi’s institutional clients to make payments into customers’ PayPal digital wallets.
2019
PayPal sues CFPB over prepaid-card rules
PayPal sued the Consumer Financial Protection Bureau in the US District Court for the District of Columbia, challenging the application of prepaid-card regulations to its products and arguing that required customer disclosures are misleading and confusing.
2019
PayPal sues Consumer Financial Protection Bureau over disclosure rule
PayPal filed a complaint against the Consumer Financial Protection Bureau over a rule it said required misleading and confusing disclosures about its products and restricted consumers’ ability to link certain credit products to PayPal accounts.
2019
PayPal partners with #BuyFromTheBush to support drought-affected communities
PayPal partnered with #BuyFromTheBush to encourage Australians to support drought-affected communities and their small businesses over Christmas.
2019
PayPal announces acquisition of Honey Science
PayPal said it would acquire Honey Science, a shopping and rewards platform, for $4 billion in cash. The deal was expected to close in the first quarter of 2020.
2019
PayPal acquires Honey
PayPal acquired Honey Science Corporation, which develops and maintains the Honey shopping extension; the deal was estimated at $4 billion.