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PayPal Expands European Commerce Presence with Major Shopware Stake Increase

PayPal is significantly expanding its European eCommerce footprint with a major stake increase in German platform Shopware. The move comes alongside the company’s $100 million initiative to boost digital commerce in Middle Eastern and African markets.

PayPal’s Strategic European Expansion

PayPal is significantly increasing its investment in German eCommerce platform Shopware, with its stake reportedly jumping from 11% to 41%, according to Bloomberg News sources familiar with the matter. The deal represents a substantial deepening of PayPal’s commitment to the European digital commerce ecosystem.