Paige Smith / Bloomberg:

PayPal reports Q1 net revenue up 7% YoY to $8.4B, TPV up 11% YoY to $464B, active accounts up 1% YoY to 439M, and seeks $1.5B+ in cost savings; PYPL drops 5%+  —  PayPal Holdings Inc. plans to cut costs and jobs as new Chief Executive Officer Enrique Lores seeks to turn around …

Paige Smith / Bloomberg:

PayPal reports Q1 net revenue up 7% YoY to $8.4B, TPV up 11% YoY to $464B, active accounts up 1% YoY to 439M, and seeks $1.5B+ in cost savings; PYPL drops 5%+  —  PayPal Holdings Inc. plans to cut costs and jobs as new Chief Executive Officer Enrique Lores seeks to turn around …

Source: TechMeme
Source Link: https://www.techmeme.com/260505/p12#a260505p12