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The Future 50

Courtesy of PayPal

27

PayPal Holdings

PYPL

PayPal has soared since its spinoff from eBay in 2015. Propelled by a wider e-commerce boom, the payment com­pany’s share price has more than doubled since the parting. Today the business boasts 250 million customers. Features such as One Touch, a tool that saves customers the hassle of reentering information when making a purchase on a new merchant’s website or app, have greased the gears. The future looks bright too. Its Venmo app has become synonymous with millennial money-sending. It’s literally a verb: “I’ll Venmo you.” (Go ahead and Google it.)

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Overall Score

3

Sector

Technology

Industry

IT Services

CEO

Daniel H. Schulman

Employees

18,700

HQ Location

San Jose, Calif.

Revenues ($M) (Past 12 Months)

$14,525

Profits ($M) (Past 12 Months)

$2,037

Market Value as of Oct. 10, 2018 ($M)

$89,308

Revenue and net income for 12 months ended June 30, 2018. Sources: Bloomberg; S&P Global.

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