Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

PAYPAL HOLDINGS, INC.

(PYPL)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

PayPal : Happy Returns joins forces with PayPal

06/09/2021 | 12:29pm EDT

NEWS RELEASE

Happy Returns joins forces with PayPal

5/13/2021

6/7/21 Update: We are pleased to announce that we have completed the acquisition of Happy Returns.

We started Happy Returns nearly six years ago with the mission of making returns beautiful for shoppers, retailers, and the planet. At that time, we saw that returning goods bought online was wasteful, expensive and cumbersome for everyone involved. We introduced box-free,in-person return drop o as a solution for this pain point, o ering a better experience for shoppers that lowered the cost for merchants and made returns more sustainable for the planet.

Happy Returns' progress since then has been astounding. Today, the box-free,in-person return process we pioneered is now table stakes in ecommerce. Our network includes more than 2,600 drop-o locations, in over 1,200 unique metro areas in every state in the continental U.S. (as well as Washington, DC). Hundreds of brand partners use our returns software and reverse logistics services, and our momentum is accelerating, enabling us to bring delightful returns experiences to a growing population of online shoppers.

The future has never been brighter for Happy Returns - that's why today we are excited to announce that we have joined forces with PayPal to accelerate our growth and extend our impact.

Happy Returns has had a close relationship with PayPal throughout our history. We have a deep respect for PayPal's ecommerce leadership, inclusive and innovative company culture, and commitment to expanding access to the global economy, and couldn't be more thrilled to be joining the PayPal family.

As part of PayPal, Happy Returns will continue o ering a best-in-class returns experience to retailers and shoppers. Our technology and platform will help extend PayPal's commerce platform beyond discovery and payments to the post-purchase experience. With PayPal's support, we will also focus on improving our platform and expanding our

1

footprint, all with the goal of providing more customers with the most seamless, cost-eQective and environmentally friendly way to make and process returns.

This is an incredibly exciting milestone for our company, and it would not have been possible without the hard work and dedication of our entire team. We are so proud of what our team has accomplished and are grateful for the tenacity, creativity and empathy Happy Returns employees bring to work each day. We are conUdent that the best is yet to come, and are looking forward to our next chapter as part of the PayPal organization.

2

Disclaimer

PayPal Holdings Inc. published this content on 09 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 June 2021 16:28:03 UTC.


ę Publicnow 2021
All news about PAYPAL HOLDINGS, INC.
01:26pJACK DORSEY : Twitter's Dorsey leads $29 billion buyout of lending pioneer After..
RE
02:14aQUOTES-Square bags buy now, pay later firm Afterpay for $29 bln
RE
01:20aSquare-Afterpay Can Create Key Global Payments Network, Early Investor Says
DJ
12:13aQUOTES-Square bags buy now, pay later firm Afterpay for $29 bln
RE
08/01Twitter's Dorsey leads $29 bln buyout of lending pioneer Afterpay
RE
07/30PAYPAL : Q2-21 Earnings Analyst Call Transcript
PU
07/30PAYPAL : Q2-21 Earnings Buyside Call Transcript
PU
07/30PAYPAL : UBS Adjusts PayPal Holdings' Price Target to $315 From $273, Citing Vol..
MT
07/29Tech Ticks Higher After Mixed Earnings -- Tech Roundup
DJ
07/29CLOSE UPDATE : US Stocks Advance Into Record Territory Thursday as Earnings Resu..
MT
More news
Financials (USD)
Sales 2021 25 758 M - -
Net income 2021 4 148 M - -
Net cash 2021 8 405 M - -
P/E ratio 2021 77,4x
Yield 2021 -
Capitalization 318 B 318 B -
EV / Sales 2021 12,0x
EV / Sales 2022 9,66x
Nbr of Employees 26 500
Free-Float 90,4%
Chart PAYPAL HOLDINGS, INC.
Duration : Period :
PayPal Holdings, Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends PAYPAL HOLDINGS, INC.
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 49
Last Close Price 270,99 $
Average target price 328,17 $
Spread / Average Target 21,1%
EPS Revisions
Managers and Directors
Daniel H. Schulman President, Chief Executive Officer & Director
John D. Rainey CFO & Executive VP-Global Customer Operations
John J. Donahoe Chairman
Sripada Shivananda Chief Technology Officer & Executive VP
Jonathan Christodoro Independent Director
Sector and Competitors
1st jan.Capi. (M$)
PAYPAL HOLDINGS, INC.15.71%323 757
VISA12.65%524 026
MASTERCARD8.12%380 836
PALO ALTO NETWORKS, INC.12.29%38 864
NUVEI CORPORATION31.75%11 433
AVAST PLC7.91%8 322