What’s going on? PayPal (US payment platform) announced that it would buy Paidy (Japanese buy-now-pay-late with 6m users) for $2.7b. What does this mean? PayPal started offering its own buy-now-pay-later service in 2020, through which customers have made $3.5b worth of purchases. This deal comes as part of Paypal’s longer-term plan to push further into the…
Tag: Paypal
Journal Report 11: The Best Acquisitions of All Time
Methodology The list is ranked by the estimate of the absolute dollar return to the acquirer. Acquisitions must be at least a majority stake in the target company. Revenue multiples are used to estimate the current value of the acquired company, equal its current estimated revenue x the market cap-to-revenue multiple of the parent company’s…
with HT 