もっと詳しく

Digital payments platform PayPal, Inc. (NASDAQ:PYPL) shares has been battered brutally on both a slowdown in its top and bottom line magnified by the sell-off in the benchmark indexes. The e-commerce business has shown signs of retracement in its business as it lowered guidance for fiscal 2022. The Company saw the pandemic accelerate its business as the Company surpassed $1 trillion in total payments volume growing its active accounts to 426 million including 34 million merchants in 2021. However, the reopening trend has caused a slowdown by the latter part of the year as indicated by its fisc…