💨 Abstract

PayPal, led by CEO Alex Chriss, forecast a full-year profit above estimates, driven by growth in branded products, improved pricing, and cost-cutting. The digital payments giant aims to focus on high-margin products and profitable growth. The upbeat outlook eased concerns over competition from tech giants and fintech rivals. PayPal's net revenue increased 4% to $8.4

Courtesy: theprint.in

Summarized by Einstein Beta 🤖