Early 2002
INITIAL PUBLIC OFFERING ON NASDAQ
In 2002 , PayPal joined the world of publicly traded companies . In the same year , PayPal stock grew to 55 % on NASDAQ . It was considered a phenomenal gain for a start-up like PayPal . By gaining such huge success over a very short time , PayPal was in the center of the world ’ s attention .
Late 2002 – 2021
MERGERS , ACQUISITIONS , DELISTING , AND RELISTING ON STOCK EXCHANGE
In July of 2002 , eBay acquired PayPal for the fine price of $ 1.5 billion . The acquisition spread the word about PayPal even faster and helped the company grow much larger as eBay ’ s first choice for payments .
In 2013 , PayPal acquired Braintree payments gateway for $ 800 million .
In 2014 , Carl Icahn , an activist and an investor of PayPal , carried out a massive public campaign by demanding a PayPal split from eBay .
In July of 2014 , PayPal was officially a public company again .
PayPal ’ s market value climbed to $ 49 billion on its first official day trading as a public company again , which far exceeded eBay ' s market value .
In late 2021 , the market cap of PayPal was around $ 220 billion .