PayPal wants to score with many functions. (Photo: Freepik)
San José – In 2024 the innovation engine was restarted, now it is progressing quickly. This is the message of CEO Alex Chriss. Ki, crypto, credit cards – a lot of new things arise. What is missing is the big throw. Can management convince shareholders at today’s general meeting?
After severe losses in the 1st quarter, the PayPal share price on Nasdaq has recovered somewhat since mid-April-continues to show an impressive loss of annual loss: minus 15.19 percent. At yesterday’s IPO, the paper noted at $ 72.84. PayPal does not pay a dividend.
+++ Annual meeting of the PayPal Holdings, Inc. +++
PayPal’s shareholder meeting only takes place virtually. The start is on June 5, 2025 at 5:30 p.m. (CEST). Shareholders can in the Shareholder portal Log in, follow the live stream and perceive its rights.
The mow Sales growth in the 1st quarter With the strategy of giving profitability priority over volume with the strategy. 8.79 billion US dollars mean an increase of 1 percent in the previous year comparison. The transaction margins increased by 7 percent to $ 3.7 billion.
PayPal’s innovation activities are diverse and widespread: This includes Fastlane for fast guest check-out and PayPal Everywhere as a universal number solution. One focus last: payment and trade in crypto currencies as well The integration of AI (perplexity).
New credit card – many partnerships
The physical world also conquers PayPal: now the payment service has a new one Physical credit card brought out together with Synchrony. Also the popular US platform Venmo offers a debit cardfor which the company recently introduced extended functions and benefit.
Is that enough for the turnaround that Alex Chriss wants to create? In his Greeting For the Annual Meeting, the CEO highlights the new and well -known partners such as Amazon, Shopify or Meta. PayPal wants to become preferred trading partners and shopping companions in a AI-supported world.
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