PayPal to add 1,000 staff in Asia

The online payment provider signs new partnerships and announces plans to add 1,000 staff throughout Asia-Pacific.
Farhad Irani
Farhad Irani

Silicon Valley-based PayPal is ramping up significantly in Asia, announcing plans to increase its regional headcount to 2,000 and inking new payment partnerships in China, Malaysia and Singapore.

The e-commerce payment provider will add 1,000 new staff to its Australia, China, Hong Kong, India, Japan, Singapore and Taiwan operations by the end of this year. 100 of those hires will be at PayPal's new international headquarters in Singapore, which is responsible for all of the company's business outside the US.

While PayPal's growth in Asia-Pacific to date has largely been driven by our cross-border business, we fully expect the domestic business in many of our Asian markets to explode...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222