PayPal股价周二大涨近7%，因有报道称金融科技公司Stripe正考虑收购该支付平台。消息人士透露谈判尚处早期阶段，Stripe可能收购PayPal全部或部分业务。此前PayPal因增长放缓和股价暴跌引发买家兴趣。PayPal今年股价已下跌超19%，2025年市值缩水近三分之一。双方均拒绝对此置评。

美国支付巨头PayPal股价周二大涨近7%，起因是彭博社援引知情人士消息称，金融科技新贵Stripe正考虑收购该支付平台。报道指出相关讨论尚处早期阶段，Stripe可能收购PayPal全部或部分业务。

这则消息发布前一日，市场刚传出因股价持续下跌，PayPal正吸引更多潜在买家关注。面对金融支付行业日益激烈的竞争和增长放缓的困境，PayPal股价年初至今已暴跌超19%，2025年市值更是缩水近三分之一。

对于收购传闻，PayPal与Stripe均拒绝置评。

以下是评论内容的总结，平衡呈现不同观点并保留关键引用：

1. 对收购可行性的质疑

• 观点：私人公司收购上市公司罕见，且Stripe估值波动大
  • "When’s the last time a private company acquired a public company? Crazy!" (nodesocket)
  • "Stripe's valuation decreased from $95B... to around $50B... what changed to reach $159B" (jerryslm)

2. 对PayPal现状的批评

• 观点：PayPal存在传统企业弊端，与Stripe定位冲突
  • "PayPal is everything that stripe isn't. Legacy, confusing, slow" (malfist)
  • "PayPal is slowly degrading, I hope Stripe would modernize it" (4d66ba06)

3. 用户使用习惯差异

• 观点：PayPal在欧洲市场渗透率高，具有社交支付功能
  • "Using PayPal is more common in Germany... used for transferring money between friends" (mohsen1)
  • "Which is sending money between family & friends for free" (johnisgood)

4. 垄断担忧

• 观点：合并可能减少市场竞争，形成垄断
  • "Hope they won't become a de facto monopoly... Stripe is a pain as a buyer" (greatgib)
  • "Not good... would put businesses in a tight spot with monopolisation" (openthc)

5. 估值争议

• 观点：Stripe估值过高且存在报道误差
  • "Stripe is overvalued by about 10x judging by Block and PayPal" (adventured)
  • "The $1B ARR number is just for Stripe's Revenue products" (onesociety2022)

6. 行业影响

• 观点：收购可能影响特定行业（如大麻）支付服务
  • "Stripe rejects cannabis space... PayPal accepts these transactions" (openthc)
  • "cool, more market consolidation" (Ancalagon)

关键数据引用

• PayPal运营收入倍数："Block ~13 times, PayPal ~7 times" (adventured)
• 估值对比："$95B(2021)→$50B(2023)→$159B" (jerryslm)