A Look at PayPal's 1Q2009 Financial Results
PayPal's parent eBay announced financial results for the first quarter 2009 today. PayPal's revenue grew 11% year over year to $645 million. PayPal's purchase volume grew 18% on an foreign exchange-neutral basis to $15.9 billion. PayPal reported 73.1 active accounts, up 22%. PayPal's revenue ("global take rate") came in at 3.81% of payment volume with transaction expense rate at 1.16% and a transaction loss rate of 0.28%
Has anyone seen PayPal's report on deposit growth. You would figure with all these accounts, that would begin to be a decent chunk of their earnings
Posted by: Ben | April 23, 2009 at 08:03 AM