News Formal

PayPal gives downbeat earnings forecast, shares plunge

  • 📰 Reuters
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

PayPal Holdings Inc on Tuesday forecast first-quarter revenue and profit well below expectations, as it prepares to take a hit from eBay Inc's ongoing move to ditch its payments services, sending its shares down 17.4%.

PayPal's operating agreement with eBay has ended and the online marketplace's transition to its own payments platform is impacting transaction volumes.

After spending more than a decade under eBay's fold, PayPal was spun out of the e-commerce marketplace operator in 2015. "Many of these stocks have been pushed up for years and have had very high valuations, so once they start to show cracks investors bail." PayPal processed a total of $340 billion in payments in the quarter, up 23% from a year earlier, while its peer-to-peer payment service Venmo processed a total of about $61 billion in payments.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 2. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Casino Expects Decline in French Retail EarningsBy Mauro Orru Casino Guichard-Perrachon SA forecasted a slight decrease in Ebitda for French retail in 2021, after the French food-retail market deteriorated...
ソース: MarketWatch - 🏆 3. / 97 続きを読む »