Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Nasdaq  >  PayPal Holdings, Inc.    PYPL


News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

PayPal : Why PayPal Plans to be Part of the Libra Association

share with twitter share with LinkedIn share with facebook
06/18/2019 | 06:34am EDT
Today, the Libra Association announced plans for Libra, a new global currency based on blockchain technology that has the potential to empower millions of people. PayPal plans to join other leading technology and financial services companies to form the Libra Association. We believe in democratizing participation in the digital economy for people from all walks of life, and businesses of all sizes.

Like the Libra Association, PayPal has been working to use our platforms, knowledge and leadership to create better experiences for business and consumers through partnership. We have seen this approach deliver tremendous results - collaborating with banks, networks and technology companies that include Facebook, Visa, Mastercard and many others. This has resulted in more than 40 partnerships in the last 36 months, and includes numerous new product experiences, from offering consumers greater choice in terms of what payment method to use to working with issuers to allow consumers to use their reward points to pay for goods or services wherever PayPal is accepted. That's why we believe in the potential of the Libra Association's collaborative approach.

It's still very early days on this journey, but we hope to enable developers and businesses to build inclusive and affordable financial service products for people across the economic spectrum. This ecosystem will be enhanced by the Libra Blockchain, a new blockchain that is being built from the ground up to prioritize scalability, security, and reliability, as well as the flexibility required to evolve over time. The Libra Reserve, a reserve of real assets that will back the Libra currency, providing enhanced stability, low inflation, wide global acceptance, and fungibility.

We believe that our more than 20 years of payments expertise can not only contribute value to the Libra Association, but it also gives us the opportunity to work with and learn from other leading organizations. We intend to explore unique and fully compliant financial services, that have the potential to create meaningful benefit for all people: not just for the affluent or elite, but for anyone that seeks to affordably and safely manage and move their money, and improve their financial health.

PayPal looks forward to joining the Libra Association on this ambitious journey. Our customers are always at the center of how we approach new challenges and opportunities - and we will always work to do what's right for them.

Dan Schulman,President and CEO, PayPal


PayPal Holdings Inc. published this content on 18 June 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 June 2019 10:33:05 UTC

share with twitter share with LinkedIn share with facebook
Latest news on PAYPAL HOLDINGS, INC.
07/07PAYPAL : Varsity Students Ease Online Bookings Process for Local Tourism Amid CO..
07/06Square Stock Surges as Virus Fuels Digital Payments -- Update
06/26Nike plans to cut jobs in digital push
06/26Nike posts first quarterly loss in two years
06/26Nike's Overall Sales Decline Despite Online-Orders Leap -- WSJ
06/25Nike posts surprise loss as COVID-19 hits wholesale business
06/25Nike Sales Dragged Down by Store Closures -- Update
06/25PAYPAL : Berenberg reaffirms its Buy rating
06/25Orange's banking unit may replace partnership with Wirecard in August - execu..
06/23ELON MUSK : Apple, Google, Amazon take aim at Trump visa ban
More news
Financials (USD)
Sales 2020 20 295 M - -
Net income 2020 2 041 M - -
Net cash 2020 8 646 M - -
P/E ratio 2020 100x
Yield 2020 -
Capitalization 208 B 208 B -
EV / Sales 2019
EV / Sales 2020 9,83x
Nbr of Employees 23 200
Free-Float 91,1%
Duration : Period :
PayPal Holdings, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PAYPAL HOLDINGS, INC.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 44
Average target price 172,72 $
Last Close Price 177,28 $
Spread / Highest target 109%
Spread / Average Target -2,57%
Spread / Lowest Target -47,0%
EPS Revisions
Daniel H. Schulman President, Chief Executive Officer & Director
John J. Donahoe Chairman
John D. Rainey Chief Financial Officer
Sripada Shivananda Chief Technology Officer & Senior Vice President
John H. Kunze SVP-Global Consumer Product & Technology
Sector and Competitors
1st jan.Capitalization (M$)
PAYPAL HOLDINGS, INC.63.89%208 155
VISA3.35%413 455
MASTERCARD2.34%301 032
AVAST PLC20.03%7 010