💨 Abstract
PayPal's shares fell 10% on Tuesday due to a slowdown in growth and shrinkage in operating margin for its unbranded card processing business in Q4. The company's focus on profitable growth and revamped pricing strategy has resulted in a slowdown in payment volumes but improved profitability. Branded product growth also fell short of expectations.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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