PayPal had a mixed quarter and revenues grew by 13% to $6.182 billion and the company’s stock price fell on account of a decelerating growth rate, general market volatility, and a lowered management estimate of the full-year expected total payment volume and revenue growth. During the quarter, the company added 13.3 million net new active accounts including 1.2 million dealer accounts, bringing the company's total merchant count to 33 million, and they are on track to provide over 52 million NNA ....
17 Dec 2021
PayPal: Are The Concerns Associated With Slowing Growth Valid? (12/2021)
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PayPal: Are The Concerns Associated With Slowing Growth Valid? (12/2021)
- Published:
17 Dec 2021 -
Author:
Ishan Majumdar -
Pages:
14 -
PayPal had a mixed quarter and revenues grew by 13% to $6.182 billion and the company’s stock price fell on account of a decelerating growth rate, general market volatility, and a lowered management estimate of the full-year expected total payment volume and revenue growth. During the quarter, the company added 13.3 million net new active accounts including 1.2 million dealer accounts, bringing the company's total merchant count to 33 million, and they are on track to provide over 52 million NNA ....