PayPal Tops Estimates Amid Surge In Online Shopping But Outlook Disappoints - News Time

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Monday, 2 November 2020

PayPal Tops Estimates Amid Surge In Online Shopping But Outlook Disappoints

PayPal Holdings Inc beat Wall Street estimates for quarterly revenue and profit on Monday, boosted by a surge in digital payments as COVID19 lockdowns worldwide drove more businesses online, but it forecast currentquarter profit below expectations.

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