Monday
Jul202015
PayPal begins trading on NASDAQ as split with eBay becomes official
Monday, July 20, 2015 at 12:13PM
PayPal has parted ways with parent company eBay and is now trading on NASDAQ (Nasdaq : PYPL). The online payments pioneer, which is now expanding to micro-payments, peer-to-peer payments as well as mobile solutions and is out to expand.
In 2014, PayPal processed $235 billion in total payment volume and generated more than $8 billion in revenues. Also last year, PayPal processed $46 billion in mobile payment volume. The company serves more than 169 million active customer accounts in 203 markets around the world.