Acquisition History / PayPal / GoPay

PayPal Acquires GoPay

Announced September 30, 2019

PayPalChinese online payment platform (70% stake)2019

What happened

GoPay was a licensed Chinese online payment platform, of which PayPal acquired a 70% stake.

Acquirer
PayPal
Target
GoPay
Announced
September 30, 2019
Price
Undisclosed
Industry
Chinese online payment platform (70% stake)

By the numbers

PayPal's acquisition history
21st of 27 tracked deals
Disclosed prices
15 of 27 PayPal deals
PayPal's average disclosed price
$879.9M
PayPal's largest disclosed deal
Honey ($4B)
Tracked acquisitions in 2019
63 across all acquirers
PayPal in Chinese online payment platform (70% stake)
1 acquisition

Frequently Asked Questions About This Acquisition

When did PayPal acquire GoPay?

PayPal acquired GoPay on September 30, 2019. This was PayPal's 21st publicly tracked acquisition out of 27 we have on record.

How much did PayPal pay for GoPay?

The price PayPal paid for GoPay was not publicly disclosed. Only 15 of PayPal's 27 tracked acquisitions have a disclosed price.

What does GoPay do?

GoPay was a licensed Chinese online payment platform, of which PayPal acquired a 70% stake.

What other Chinese online payment platform (70% stake) companies has PayPal acquired?

GoPay is PayPal's only publicly tracked acquisition in Chinese online payment platform (70% stake) so far.

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