PayPal profit slumps as COVID-19 weighs on spending
Payment processor Paypal Holdings Inc
reported an 87.4% slump in first-quarter profit on
Wednesday, as consumers spent less due to the COVID-19 lockdowns
and unemployment numbers surged.
reported an 87.4% slump in first-quarter profit on
Wednesday, as consumers spent less due to the COVID-19 lockdowns
and unemployment numbers surged.
Posted by Reuters
