Social media promised to give brands a new channel to transform browsers into buyers. But the promise has not met reality. Meta’s Instagram and Google’s YouTube, among others, have striven mightily to embed commerce into the mix. But the pivot away from the thrill of...
PayPal’s growth – like so many payments peers – is slowing. But even as the macro environment is uncertain, the active users that are in place are transacting more often. “One of the things that is important to realize is digital wallets in general, including...
February 07, 2024
Slowing growth. A churning of inactive accounts. A slew of puts and takes dominated PayPal’s earnings Wednesday (Feb. 7), and a number of flat metrics sent investors headed, at least initially, for the exits in after-hours trading. The stock was down 7% Wednesday evening. Revenue rose 9% to $8 billion in the quarter, as calculated […]
July 19, 2023
Social media promised to give brands a new channel to transform browsers into buyers. But the promise has not met reality. Meta’s Instagram and Google’s YouTube, among others, have striven...
