CompaniesPayPal Becomes First US Payments Company to Enter China MarketSavePrintPaypal headquarters in San Jose, Calif., on April 9, 2018. Justin Sullivan/Getty ImagesChriss Street12/26/2019|Updated: 12/26/2019News AnalysisPayPal just went live as the first U.S. payments company to enter China’s formerly closed digital marketplace in a global industry that is expected to swell to $253 trillion by 2025.We had a problem loading this article. Please enable javascript or use a different browser. If the issue persists, please visit our help center.