Ticker PYPL

Today's data summary

Market closed
% change
Price US dollars
As of 23:46 19 Jan 2021
Market cap. US dollars
290,024.25 million
As of 05:09 20 Jan 2021

Latest updates

  1. Video content

    Video caption: What a US ban on WeChat could mean for American firms

    What effect could President Trump's proposed WeChat ban have on US companies?

  2. Paypal merger could 'lead to higher prices'

    Paypal sign

    Commenting on the CMA's investigation into the proposed $2.2bn merger between US payments company PayPal and Swedish start-up iZettle, Mike Cherry of the Federation of Small Businesses said: “The CMA is absolutely right to scrutinise this potential acquisition on behalf of smaller businesses.

    "It’s vital that – if completed – the merger doesn’t lead to even higher prices for card processing services or stifle much-needed innovation."

  3. Paypal merger faces CMA probe

    Paypal on a phone

    The competition watchdog has raised concerns about the $2.2bn merger between US payments company PayPal and Swedish start-up iZettle.

    The Competitions and Markets Authority said the tie-up could push up prices and reduce the range of services on offer to customers.

    It warned: "PayPal could face insufficient competition in the UK after acquiring its market-leading rival."

    It said that the merger will be referred for an in-depth Phase 2 investigation, to be carried out by a group of independent CMA panel members, if the two firms don't address the concerns.

  4. PayPal UK tax bill jumps by £3.1m

    BBC Radio 5 live

    PayPal on mobile phone

    PayPal's UK subsidiary has agreed to pay an extra £3.1m in tax following a review by HMRC.

    Research by the BBC's Wake up to Money programme found that tax at the e-payments firm rose from £181,000 in 2016 to £4.7m.

    In its newly-filed accounts, PayPal says: "HMRC has been reviewing the company's direct tax position.

    "As a consequence, the company has agreed and settled its outstanding liabilities and as a result is not subject to any current enquiries."

    Twitter UK has also filed accounts showing a jump in corporation tax from £815,000 in 2016 to £2.4m last year.

    However, the company said this reflected an adjustment relating to previous years, rather than any involvement from HMRC.

    You can read more on the story here.