Emerging Trends and Challenges
FTPartnersResearch-GlobalMoneyTransferTrends
FTPartnersResearch-GlobalMoneyTransferTrends
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PayPal Acquires Xoom for $890 mm<br />
Xoom: Revenue Concentration<br />
• Over the past 4 years, Xoom’s revenue composition has become more concentrated in three<br />
countries: India, Philippines <strong>and</strong> Mexico<br />
• During 2014, India accounted for 34% of revenue, up from 33% in 2013, 25% in 2012 <strong>and</strong> 15% in<br />
2011<br />
• During 2014, Xoom’s top three countries (India, Mexico <strong>and</strong> the Philippines) in aggregate<br />
accounted for 78% of revenue, up from 77% in 2013, 74% in 2012 <strong>and</strong> 71% in 2011<br />
Revenue Composition by Country (% of Total Revenue)<br />
India Philippines Mexico All Other<br />
($ in<br />
mm)<br />
Revenue Composition by Country<br />
India Philippines Mexico All Other<br />
2013<br />
33%<br />
27%<br />
17%<br />
23%<br />
$40<br />
$33<br />
$28<br />
$28<br />
2012<br />
2011<br />
15%<br />
25%<br />
42%<br />
35%<br />
14%<br />
14%<br />
26%<br />
29%<br />
$8<br />
$21<br />
$7<br />
$15<br />
$20<br />
$11<br />
$21<br />
$21<br />
2011 2012 2013<br />
Source: Company website, Buckingham Research Group, SEC filings.<br />
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