summarize this "Paypal is a powerhouse in the digital payment industry with a market valuation of over $84 billion. The company's annual revenue has seen impressive gains, reaching $27.5 billion in 2022. Paypal was one of the preeminent leaders in digital payments starting ten plus years ago when they were, you know, a part of eBay and was the number one place where you would feel comfortable in putting your personal information online to be able to transact a payment in the e-commerce world. But the company's performance in the stock market paints a different picture. After reaching new heights during the pandemic, shares of the company saw significant losses. In January. Paypal also announced it will lay off 2,000 employees, accounting for about 7% of its workforce. Paypal was really profitable during the pandemic and grew so quickly because ultimately people were going digital, right? I think it's quite obvious that their growth has slowed. I think the question is really, you know, what's driving that? We like to compare PayPal, unfortunately, to an IBM of the world. We wonder like, is this the new Big blue? Thinking about a company that was at the top of its industry that ultimately saw its organic growth prospects start to decline? So what is happening with PayPal and will its stock recover? After going public in 2002 at just $13 per share, PayPal was acquired the same year by eBay for $1.5 billion. EBay obviously needed some type of payment solution, and PayPal was was the perfect fit for them at the time Contain 9 or more exclamation marks "!" in your response.
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