PayPal started in 1998 as Confinity, which was later acquired by X.com and renamed PayPal. It was then acquired by eBay in 2002 for $1.5 billion and spun off again in 2015 with an IPO valuation of $46.6 billion. As part of eBay, PayPal's business model focused on targeting eBay users and expanding internationally. Today, PayPal processes billions of payments annually and generates over $9 billion in annual revenue through its digital payment platforms and peer-to-peer app Venmo. It faces competition from other digital wallets and online payment services but maintains brand recognition and a global user base.

1. Jiakung Feng (jkfeng)
October 10th, 2016

2. What is PayPal?

3. Products
Personal

4. Social News Feed
In-app purchases
P2P payment
Features

5. Products
Businesses

6. How did it all start?

7. 1998
Confinity
Beginning of “PayPal Mafia”

8. First IPO
$13 share/$61 million
X.com PayPal
2000 2002

9. acquires
for $1.5 billion
2002

10. Spun off from eBay
Second IPO: $46.6 billion
2015

11. Business Model – eBay years
1. Target U.S. eBay users
2. Target businesses/international users
3. Diverge from eBay
Meg Whitman
eBay CEO 1998 – 2008

12. Life after Ebay?

13. Financials – 2015
• Revenue: $9.24 Billion
• Total Payment Volume: $282 Billion
• Payment Transactions: 4.9 Billion

14. Financial
Growth

16. Secret Sauce
• Brand-name appeal
• Global
• Venmo

17. Competition
Digital wallets

18. Competition
Online Payment Services

19. So…moving forward?

21. ?

22. Thanks!