PayPal Promises 18% Top-Line Growth: What Could Get in the Way?
PayPal (PYPL) issued a self-imposed target to grow its revenue for the current quarter by 16%–18% over the same period a year ago.
As the originator of digital payments, PayPal faces stiff competition from payment services such as Amazon Payment, Alipay, and JD Finance.
PayPal (PYPL) recently announced a global partnership with Oro, the B2B (business-to-business) e-commerce platform of OroCommerce.
According to PayPal (PYPL), its ~180.0 million active consumer accounts and ~15.0 million active merchant accounts put it head and shoulders above competitors.
PayPal (PYPL) is extending its merchant payment processor service to Indian online travel agency MakeMyTrip.
PayPal’s launch of its new PayPal Business app late last year was a response to an opportunity and a solution to the challenge of the digital payments market.
PayPal (PYPL) recently participated in a funding round that raised $48.0 million for Viva Republic, the parent of Toss, the South Korean payment app.
PayPal (PYPL) is facing a class action lawsuit filed in Chicago that’s seeking ~$10.0 million in damages.
Twitter’s stagnating user growth has been a cause for concern for its shareholders and prospective investors, yet there seems to be an opportunity for the company to grow its subscriber numbers.
Twitter (TWTR) recently inked a deal with Dick Clark Productions (or DCP) to live-stream the pre-shows of several upcoming awards in 2017, expanding its live video footprint.
Twitter (TWTR) recently made a move to start showing view counts for videos on its platform. The step seemed to be a response to Facebook’s recent video moves.
Last month, Facebook brought the ability to send WhatsApp messages offline to Apple’s iOS. The company had already enabled the feature for Alphabet’s Android users.
Recent moves by Facebook (FB) have left little doubt about what the company is up to on the digital video front.
Facebook’s (FB) music ambitions are set to see the company clash with Spotify, Apple (AAPL), Pandora (P), Tidal, and Alphabet’s (GOOGL) YouTube.
Facebook’s (FB) practice of moving data between Europe and the United States is being tested, and there are looming risks.
Facebook (FB) recently said that it had come up with a tool that would reinforce its fight against discriminatory advertisements on its site.
Fake news has put Facebook on the spot. The company faced a storm of criticism in November 2016 amid claims that it had allowed false information to be shared on its social platform.
Like its peers, Facebook hires foreign citizens to fill certain specialty positions that are crucial to its staying competitive in the fast-paced world of technology.
Facebook (FB) has recently warned that it expects its revenue growth to cool in the coming years before possibly heating up again down the road.
The company recently said that it was updating its algorithm to prioritize the ranking of authentic posts while barring purposely misleading posts from users’ news feeds.