Question 1

When did PayPal merge with X.com?

Accepted Answer

PayPal merged with X.com, an online banking company founded by Elon Musk, in March 2000. The merged company focused primarily on the PayPal money-transfer service.

Question 2

When was PayPal founded?

Accepted Answer

PayPal was founded in December 1998 as Confinity, a company that developed security software for handheld devices, but later became a money transfer service.

Question 3

When did PayPal have its initial public offering (IPO)?

Accepted Answer

PayPal had its initial public offering on February 15, 2002. The stock was priced at $13 per share and closed at $20.09 on the first day of trading.

Question 4

When did eBay acquire PayPal?

Accepted Answer

eBay acquired PayPal on October 3, 2002, for $1.5 billion in stock, replacing eBay's own payment service, Billpoint, and integrating PayPal as the primary payment service on the platform.

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