Source: Global Times

【Global Times Technology Report】On August 16, according to Engadget, international payment service provider Stripe has recently held discussions with payments platform PayPal regarding an acquisition, in collaboration with a private equity firm, Anhong Capital. If the deal is successfully completed, it will profoundly reshape the global online payments industry landscape.

It is understood that this July, Stripe, together with Anhong Capital, made an acquisition offer to PayPal, pricing at $60.5 per share, corresponding to a total corporate valuation of $530 billion. Regarding this acquisition offer, PayPal has not approved it, and the parties are currently still negotiating adjustments to the acquisition price per share.

The information shows that before the acquisition offer of this round was put forward, PayPal’s share price had fallen to a historical low, with the company’s market value at only about $400 billion. Tracing its development history, the company’s market value had peaked at around $3.6 trillion in 2021, and the difference in market value before and after is significant.

According to related information, if this acquisition transaction is ultimately completed, Stripe and Anrong Capital will each hold half of PayPal’s equity, and both parties currently have no plans to split PayPal’s business. After the integration is completed, Stripe is expected to enter the ranks of the global top online payment companies, and its estimated annual transaction processing volume could reach $3.7 trillion. (Chun Jun)