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Q: Growth of PayPal accounts ( Answered 4 out of 5 stars,   2 Comments )
Question  
Subject: Growth of PayPal accounts
Category: Business and Money > eCommerce
Asked by: edgreen321-ga
List Price: $15.00
Posted: 08 Apr 2003 11:48 PDT
Expires: 08 May 2003 11:48 PDT
Question ID: 187776
What was the growth curve of number of users of PayPal since it
started until today (I want this by quarter, not just year)?  I am
interested in how many accounts have been opened since they started,
and the growth curve in the first few years.
Answer  
Subject: Re: Growth of PayPal accounts
Answered By: robertskelton-ga on 14 Apr 2003 21:25 PDT
Rated:4 out of 5 stars
 
Hi there,

This file has a graph showing the number of users from Sep 1999 until
Jun 2002:
http://www.hyperion.co.uk/PubWebFiles/DigTrans_02/PayPal.pdf

They weren't all in one place, but here are the figures, with sources
referenced:

2000

January - 10,000
February 16 - 190,000
March - ~800,000
June - ~2.2 million
September - ~3.9 million
Q4 - 5.5 million

2001

Q1 - 7.2 million
Q2 - 8.8 million
Q3 - 10.6 million
Q4 - 12.8 million

2002

Q1 - 15.4 million
Q2 - 17.8 million
Q3 (Oct 1) - 20 million
Q4 (Dec 31) - 23 million

2003

They will be releasing figures on April 22
http://www.shareholder.com/ebay/medialist.cfm

Their website says they are growing by an average of 28,000 accounts
per day, so they will probably have 25.5 million users for Q1 2003:
http://www.paypal.com/cgi-bin/webscr?cmd=p/gen/about-outside

Sources:

PayPal - Investor Relations - PayPal Passes 20 Million Member
Milestone; User Base Doubled in One Year
http://www.paypal.com/cgi-bin/webscr?cmd=_ir-release&rid=339819

THE WALL STREET JOURNAL - PayPal Sees Torrid Growth With Money-Sending
Service
http://www.paypal.com/html/wsj3.html

You've Got Money!
http://www.esquire.com/themagazine/market/010301_mma_electronic_1.html

What is PayPal?
http://216.239.57.100/search?q=cache:GWwhh7vmlQwC:www.consult.hyperion.co.uk/PubWebFiles/DigMon02/JackSelby02.pdf+q1+2000+paypal&hl=en&ie=UTF-8

The Evolution of a New Way to Pay The Evolution of a New Way to Pay
http://216.239.57.100/search?q=cache:b3vC_0bknqYC:www.hyperion.co.uk/PubWebFiles/DigTrans_02/PayPal.pdf+q1+2000+paypal&hl=en&ie=UTF-8

Form 10-K
http://www.shareholder.com/Common/Edgar/1065088/891618-03-1538/03-00.pdf


By the way, I looked and looked but could not find the figures
mentioned by kevinh-ga anywhere online.


Best wishes,
robertskelton-ga
edgreen321-ga rated this answer:4 out of 5 stars

Comments  
Subject: Re: Growth of PayPal accounts
From: kevinh-ga on 13 Apr 2003 15:05 PDT
 
can you tell me what this is for and i'll provide you with exact numbers?
Subject: Re: Growth of PayPal accounts
From: kevinh-ga on 13 Apr 2003 23:59 PDT
 
Quarter,  Total Accounts 	 
q1-2000  824,000 	 
q2 2,190,000 	 
q3 3,718,000 	 
q4 5,518,000 	 
q1-2001 7,200,000 	 
q2- 8,798,000 	 
q3- 10,589,000 	 
q4- 12,800,000 	 
q1-2002 - 15,400,000 	 
q2 - 17,800,000 	 
q3 - 19,500,000 	 
q4 - 23,500,000 
2003 q1 will be released this month.

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