PayPal Holdings, Inc. (PYPL) is a global online payment company. The company was founded in December 1999 and is headquartered in San Francisco, California. PayPal is a subsidiary of eBay Inc.
(EBAY) and operates a global network of online payment sites. The company’s main products are PayPal Credit and PayPal Cash. PayPal Credit allows consumers to borrow money from PayPal to purchase items and PayPal Cash allows consumers to withdraw cash from PayPal accounts.
The company’s financial performance has been strong in recent years. In 2017, PayPal reported consolidated revenue of $32.4 billion and net income of $4.1 billion. In 2016, PayPal reported consolidated revenue of $31.3 billion and net income of $3.
9 billion. PayPal has a strong future because it continues to grow its online payment platform as well as its online and mobile payment products. PayPal is expected to grow its online payment platform even more in the coming years. This is because the company is expanding its reach to new markets, such as China, and is making it easier for people to use its products.
Overall, the prediction for PayPal stock is strong. The company is expected to continue to grow its online payment platform and its financial performance is strong.
Therefore, the prediction is that PayPal stock will continue to be traded at a high price. The conclusion is that investors should consider investing in PayPal stock.
