TOPIC

/ company

PayPal

The latest news, analysis and opinion on PayPal. In-depth analysis, industry insights and expert opinion.

Chairman / President

Alex Chriss

CEO / Managing Director

Alex Chriss

CFO / Finance Director

Jamie Miller

Industry

Financial Services, Payments

Website

paypal.com

Headquarters address

2211 N. First Street, San Jose, CA 95131, United States

Stock Code

NASDAQ:PYPL

Year founded

1998

last updated:

30 September, 2024

PayPal is looking to expand in China with a new service catering to cross-border sellers. Photo: Getty Images

E-commerce

PayPal expands in China as it courts cross-border merchants

The financial tech firm launched PayPal Complete Payments on Thursday, allowing merchants to accept foreign credit cards and mobile wallets.

26 Sep 2024 - 10:31PM

Doping in sport

Coe dismisses Enhanced Games, says participants ‘moronic’, threatens long bans

1 Mar 2024 - 3:49PMvideocam

Taiwan economy

‘The dream is they’d all be unicorns’: YouTube co-founder eyes Taiwan talent

16 Feb 2024 - 12:00PMvideocam

Doping in sport

Swimmer ready to ‘juice to the gills’ to chase US$1 million prize at drugs games

Former 100m world champion James Magnussen first athlete to commit to competing in Enhanced Games, where competitors will be encouraged to dope in attempt to break records.

10 Feb 2024 - 5:30PMvideocam

Australia’s James Magnussen celebrates after winning the gold medal in the men’s 100m freestyle final at the Swimming World Championships in Barcelona on August 1, 2013. Photo: AP

Gen Z

Opinion | How Gen Z is redefining the possibilities of generosity

Charities would be wrong to neglect reaching out to those born after 1997 because of their relative lack of disposable income and their penchant for moral one-upmanship. Instead the humanitarian aid industry must answer the two questions Gen Z is posing: how do you measure impact? What’s in it for me?

21 Aug 2023 - 9:20AMvideocam

X (formerly Twitter)

Why Musk’s ‘X’ will struggle to become a Chinese-style super-app

Inspired by China’s WeChat, Elon Musk is rebranding Twitter and wants to create a super-app where users will do all their finances as well as their socialising, but analysts are doubtful the strategy will work today.

27 Jul 2023 - 1:00PM

Indonesia

Musk’s Twitter rebrand got it blocked in Indonesia, due to porn, gambling

Elon Musk has rebranded Twitter as ‘X,’ using a new domain – X.com, caused issues in Indonesia, where users are unable to access X.com, according to an Al Jazeera report.

27 Jul 2023 - 5:39AMvideocam

As part of a Twitter rebrand, CEO Elon Musk had the social-media company change its domain to X.com. Photo: Reuters

X (formerly Twitter)

Xplained: Elon Musk gives his reason behind Twitter’s name change

CEO Elon Musk said the Twitter name made sense as 140 character messages going back and forth – like birds tweeting, but not in his new vision of a WeChat-like super-app.

25 Jul 2023 - 5:20PMvideocam

US presidential election 2024

Is sun setting on DeSantis before he officially enters 2024 race?

He’s up. He’s down. He’s getting in. Maybe he won’t. He’s a saviour. He’s an authoritarian. Everyone, it seems, has a visceral, unnuanced view of Ron DeSantis and his presidential ambitions.

8 May 2023 - 3:02PM

United States

Thiel won’t fund 2024 candidates as cultural issues trump US-China rivalry

Sources close to the PayPal co-founder claim that Thiel believes the Republicans are making a mistake in focusing on cultural flashpoints and should be more concerned with spurring US innovation and competing with China.

26 Apr 2023 - 10:39PMvideocam

Peter Thiel, co-founder of PayPal, is not planning to donate to any political candidates in 2024, according to two people close to the businessman. Photo: Getty Images

Australia

Opinion | Australia needs cybersecurity refit, not whack-a-mole bans on apps like TikTok

The problem of digital security and foreign interference is bigger than just one app or the use of government devices.

15 Apr 2023 - 4:14AMvideocam

Social network TikTok is hugely popular, but lately it is not so popular with some governments. Photo: AFP

Millionaires and billionaires

11 billionaires trying to build their own utopias, from Musk to Gates

Elon Musk isn’t the only billionaire to try and build his own town – from Bill Gates to Marc Lore, here’s a list of the super-rich who have attempted to build utopias

12 Apr 2023 - 3:00AM

China manufacturing

From status symbol to disrupter: charting China’s mobile phone boom

China was late to embrace the mobile phone, but it is now home to the largest mobile phone market in the world, a booming e-commerce sector and some of the most advanced mobile network infrastructure.

13 Apr 2023 - 10:38AMvideocam

Alibaba

Tech lay-offs spread to South Asia as Alibaba unit Daraz cuts 360 jobs

Job cuts at Pakistan-based e-commerce firm Daraz follow a workforce reduction of more than 15,000 at parent Alibaba in the first nine months of 2022.

8 Feb 2023 - 6:58PM

E-commerce firm Daraz Group, which Alibaba Group Holding acquired in 2018, operates in Pakistan, Nepal, Bangladesh and Sri Lanka. Photo: Shutterstock

Fintech

PayPal to cut 2,000 jobs in post-pandemic slowdown to control costs

PayPal’s stock has been battered by the slowdown in growth in payments volume on its platform after the pandemic began to recede.

1 Feb 2023 - 7:24PMvideocam

Signage seen outside PayPal headquarters in San Jose, California, on March 10, 2015. Photo: AP

X (formerly Twitter)

People step forward to run Twitter after Musk says ‘no one wants’ top job

Several people have put up their hands to run the social media company after Elon Musk says ‘no one wants the job who can actually keep Twitter alive.’

20 Dec 2022 - 10:04AMvideocam

US-listed Chinese stocks

Buffett vs Temasek: who is right on the prospects of chip maker TSMC?

Temasek cut its losses on TSMC last quarter as the stock plunged since its foray six months earlier. Buffett’s Berkshire Hathaway, however, placed a new US$4.1 billion bet on the world’s biggest contract chip maker.

15 Nov 2022 - 4:22PMvideocam

United States

Turtles in demand as pets, leading to a spike in poaching

Growing demand in the US, Asia and Europe is contributing to the decline of turtle and tortoise species; poaching is ‘getting ruthless’, wildlife experts say.

10 Nov 2022 - 5:55PMvideocam

A musk turtle in quarantine after it was confiscated in a wildlife investigation. Photo: AP

Pacific nations

Amazon, Apple and Google pledge training for Indo-Pacific women

The IPEF Upskilling Initiative will provide training for 7 million over a decade in Brunei, Fiji, India, Indonesia, Malaysia, the Philippines, Thailand and Vietnam.

9 Sep 2022 - 6:56PM

Millionaires and billionaires

Who is the richest Musk family member after Elon? Net worths, ranked

No one in Elon Musk’s family comes close to the Space X CEO’s fortune, but parents Maye and Errol, siblings Tosca and Kimbal, and ex-wife Justine are all millionaires too

3 Sep 2022 - 12:05AM

United States

Facebook’s bizarre glitch that spammed feeds from celebrity pages

Dozens of users complained that their Facebook feeds were being spammed with comments and posts from stars such as Taylor Swift, Coldplay and Lady Gaga.

25 Aug 2022 - 12:34AM

Facebook users following stars such as Taylor Swift were inundated with unwanted posts and their feeds almost completely clogged by fan comments. Photo: Getty Images

Global trends in e-commerce

Changes in consumer behaviour mean new opportunities in cross-border e-commerce

PayPal’s Borderless Commerce Report shows that over 50 per cent of online shoppers make purchases from international merchants, as e-commerce growth is fuelled by new trends and ways of reaching customers.

Paid Post:

PayPal

A boom in online shopping has led to a rise in consumers buying from international retailers. Photo: Shutterstock

My Take

My Take | Philosophical longtermism is more than I can take

Give me the North American tribal principle of making responsible decisions for seven to 10 generations into the future, but for 80 trillion people yet to come? No thank you!

22 Aug 2022 - 9:50PM

US-listed Chinese stocks

Temasek’s stock bets shrink by US$5.6 billion on stake sales, book losses

The value of Temasek’s holdings in US-listed stocks dwindled by US$5.6 billion amid sales and value erosion, the most since the final quarter of 2004, US filings show.

17 Aug 2022 - 2:16PM

US-China relations

Aid for US semiconductor industry puts billionaire-backed tech fund in focus

America’s Frontier Fund, supported by a former Google CEO, raises watchdogs’ concerns over how government investment will be steered to private companies under the Chips Act.

12 Aug 2022 - 2:36AMvideocam

Fintech

Global markets can learn from China’s success in mobile commerce: PayPal

Around 96 per cent of consumers in China use their smartphones to shop online, according to a new survey by PayPal.

11 Aug 2022 - 8:00PMvideocam

Mobile commerce is highly prevalent in China, with a penetration rate of 96 per cent. Photo: EPA-EFE

Millionaires and billionaires

What’s Elon Musk’s relationship like with Kimbal, his millionaire brother?

They had a childhood of ‘freedom’ and got up to ‘mischief’ with their cousins … but what’s Elon and Kimbal Musk’s relationship like now?

10 Aug 2022 - 12:10AM

Millionaires and billionaires

Mean like Musk! Why did Elon Musk’s dad Errol fat-shame his own son?

He’s the father of the richest man in the world, but definitely has his criticisms … here’s what you missed in that fiery interview on The Kyle and Jackie O Show

6 Aug 2022 - 12:10AM

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