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2021-11-09

But surprisingly it dipped further after the announcement of results! Likely it is due to acquisition news.

PayPal profit rises above estimates as more people shop online

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Likely it is due to acquisition news.</p></body></html>","text":"But surprisingly it dipped further after the announcement of results! Likely it is due to acquisition news.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/844228441","repostId":2182772815,"repostType":2,"repost":{"id":"2182772815","kind":"news","pubTimestamp":1636406824,"share":"https://www.laohu8.com/m/news/2182772815?lang=&edition=full","pubTime":"2021-11-09 05:27","market":"hk","language":"en","title":"PayPal profit rises above estimates as more people shop online","url":"https://stock-news.laohu8.com/highlight/detail?id=2182772815","media":"Reuters","summary":"(Reuters) -PayPal Holdings Inc on Monday reported a third-quarter profit above Wall Street estimates","content":"<p>(Reuters) -<a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc on Monday reported a third-quarter profit above Wall Street estimates, as more people used digital modes of payment to shop and transactions rose through its peer-to-peer payment service Venmo.<img src=\"https://static.tigerbbs.com/edfd76d23aec7a3a15b27f37994f95a3\" tg-width=\"965\" tg-height=\"701\" referrerpolicy=\"no-referrer\"></p>\n<p>PayPal emerged as <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the big winners of the COVID-19 pandemic as businesses increasingly moved online and consumers preferred using phones and other digital means to pay bills and shop online.</p>\n<p>The San Jose, California-based digital payments company's net income rose to $1.09 billion, or 92 cents per share, in the three months ended Sept. 30, from $1.02 billion, or 86 cents per share, a year earlier.</p>\n<p>On an adjusted basis, PayPal earned $1.11 per share, above analyst estimates of $1.07 per share, according to IBES data from Refinitiv.</p>\n<p>Net revenue in the third quarter rose over 13% to $6.18 billion.</p>\n<p>The payments giant has been beefing up its offerings with acquisitions. In September, the company announced it was buying Japanese buy now, pay later (BNPL) company Paidy in a $2.7 billion deal, a month after rival Square Inc's $29 billion deal for Australian BNPL firm Afterpay.</p>\n<p>However, PayPal said last month it was not pursuing a buyout of digital pinboard site Pinterest Inc, after media reports said it was in talks to buy the social media platform for as much as $45 billion.</p>\n<p>Shares of PayPal were up 4% in trading after the bell.<img src=\"https://static.tigerbbs.com/c411303f76aeb58f158a1e30d2b9d2a3\" tg-width=\"707\" tg-height=\"526\" referrerpolicy=\"no-referrer\"></p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>PayPal profit rises above estimates as more people shop online</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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In September, the company announced it was buying Japanese buy now, pay later (BNPL) company Paidy in a $2.7 billion deal, a month after rival Square Inc's $29 billion deal for Australian BNPL firm Afterpay.\nHowever, PayPal said last month it was not pursuing a buyout of digital pinboard site Pinterest Inc, after media reports said it was in talks to buy the social media platform for as much as $45 billion.\nShares of PayPal were up 4% in trading after the bell.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1194,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":91,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/844228441"}