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PayPal Explores Sale to Stripe Consortium Amid Stiff Big Tech Competition

Electronic Payments Read original source (opens in a new tab)
The Story

News Summary

  • PayPal is discussing a potential takeover with a buyer group including Stripe and Advent International after an earlier $53 billion offer stalled.
  • PayPal has struggled with slowing growth and increasing competition from big tech payment alternatives like Apple Pay and Google Pay.
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