Who bought PayPal

PayPal was acquired by eBay in 2002 for $1.5 billion and operated as a subsidiary until 2015, when eBay spun it off into an independent publicly traded company. Today, PayPal is no longer owned by a single buyer but trades on the NASDAQ under the ticker PYPL, with ownership distributed among institutional investors and shareholders.

For Indian exporters and freelancers receiving international payments, understanding PayPal overview helps clarify its fee structure and withdrawal times. While PayPal remains widely recognized, platforms like Skydo offer a more cost-effective alternative as an RBI-authorised solution, typically delivering faster transfers at lower costs for cross-border transactions into Indian bank accounts.