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	<title>service provider Archives - Cross-Border Magazine</title>
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	<title>service provider Archives - Cross-Border Magazine</title>
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		<title>Adyen: 70 billion euros in the first half of 2018</title>
		<link>https://cross-border-magazine.com/adyen-70-billion-euros-in-the-first-half-of-2018/</link>
		
		<dc:creator><![CDATA[Jeroen Leenders]]></dc:creator>
		<pubDate>Wed, 22 Aug 2018 10:59:23 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<category><![CDATA[Trends]]></category>
		<category><![CDATA[Ayden]]></category>
		<category><![CDATA[e-commerce]]></category>
		<category><![CDATA[payments]]></category>
		<category><![CDATA[service provider]]></category>
		<guid isPermaLink="false">https://cross-border-magazine.com/?p=2842</guid>

					<description><![CDATA[<p>According to the figures that were published on the 22nd of August, payment agency Adyen has grown considerably in sales in the first half of this year. These figures are...</p>
<p>The post <a href="https://cross-border-magazine.com/adyen-70-billion-euros-in-the-first-half-of-2018/">Adyen: 70 billion euros in the first half of 2018</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
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										<content:encoded><![CDATA[<p><span style="font-weight: 400;"><strong><a href="https://cross-border-magazine.com/wp-content/uploads/2018/08/CBM-Adyen-e1534942538982.png" rel="attachment wp-att-2847"><img decoding="async" class="size-medium wp-image-2847 alignleft" src="https://cross-border-magazine.com/wp-content/uploads/2018/08/CBM-Adyen-300x165.png" alt="CBM Adyen H1 2018" width="300" height="165" /></a>According to the figures that were published on the 22nd of August, payment agency Adyen has grown considerably in sales in the first half of this year. These figures are the first that Adyen released after the IPO.</strong></span></p>
<p><span style="font-weight: 400;">The Dutch company generated a profit of 48.2 million euros on a turnover of 156 million euros. The turnover grew with 67 percent since last year and the profit increased even more, with 74 percent in comparison with 2017. Operating profit in the first half of 2018 was 70.3 million.</span></p>
<p><span style="font-weight: 400;">Total, Adyen (with customers such as Uber, Netflix, and Spotify) processed 70 billion euros in the first half of this year. That's 43 percent more than a year ago when they processed just under 40 billion euros.</span></p>
<p><span style="font-weight: 400;">Growth was realized in all regions. The biggest growth was seen in Asia (147,5 percent) and North America (142,9 percent). Compared to that, the growth in Europe was somewhat meager with 'only' 51,9 percent.</span></p>
<p><span style="font-weight: 400;">The figures show that Adyen doesn't pay much for marketing and sales: 11.4 million euros. However, the operating costs are a lot higher at 42.7 million. </span></p>
<p><span style="font-weight: 400;">Download the full report here! <a href="https://cross-border-magazine.com/?ddownload=2841" title="Download" rel="nofollow" class="ddownload-button button-blue id-2841 ext-pdf">Download</a></span></p>
<p>The post <a href="https://cross-border-magazine.com/adyen-70-billion-euros-in-the-first-half-of-2018/">Adyen: 70 billion euros in the first half of 2018</a> appeared first on <a href="https://cross-border-magazine.com">Cross-Border Magazine</a>.</p>
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