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October 20, 2016 08:16 pm GMT

PayPal ramps up mobile payments business

paypalPayPal reported third quarter earnings after the bell on Thursday. The global payments company reported an 18% increase in revenue at $2.67 billion, when analysts were expecting $2.65 billion. Adjusted earnings per share stood at 35 cents, in line with Wall Street expectations.However, some investors were disappointed to see that PayPal missed on total payment volume, a metric of total… Read More

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