PayPal’s Market Value Eclipses AmEx, Nears Morgan Stanley, Goldman

https://www.wsj.com/articles/paypals-market-value-eclipses-amex-nears-morgan-stanley-goldman-1507986000

“The San Jose, Calif., company has enjoyed breakneck growth in both e-commerce and mobile money transfers. Its market capitalization stands at about $83 billion, nearly double the $47 billion value it had when it spun off from eBay Inc. a little over two years ago.

PayPal is even gaining ground on Wall Street titans. Its market value is now about $6 billion less than Morgan Stanley ’s and about $10 billion less than that of Goldman Sachs Group Inc.”

Andrew: The times, they are a changin’.