PayPal’s Post

𝐏𝐚𝐲𝐏𝐚𝐥 𝐂𝐄𝐎 𝐀𝐥𝐞𝐱 𝐂𝐡𝐫𝐢𝐬𝐬 𝐁𝐨𝐨𝐬𝐭𝐬 𝐆𝐫𝐨𝐰𝐭𝐡 𝐰𝐢𝐭𝐡 𝐊𝐞𝐲 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬𝐡𝐢𝐩𝐬 PayPal CEO Alex Chriss is driving growth through collaborations with major players like Meta and Nordstrom. These strategic partnerships have resulted in a 10% increase in Q2 net income and an 8% rise in revenue. Despite a slight decline in active accounts, PayPal is focusing on higher-quality users and improving margins in its Braintree business. Chriss plans to increase marketing for PayPal and Venmo, including new initiatives like Fastlane, designed to help retailers engage with guest checkout users. Analysts remain optimistic about PayPal’s growth strategy. What are your thoughts on PayPal’s growth strategy and future prospects? #paypal #business #partnership #income #revenue

The most important lesson I've taken from John Donahoe (ex-eBay CEO) was his framework to drive change at a company. Back to that amazing talk at Stanford, John talked about how he had to change Paypal multiple times. However, change is not easy because people naturally oppose to change and discomfort and fight hard to protect the status quo. This makes it extremely hard to champion change especially when the business is apparently doing well. Despite this, here's his framework to do it: 1) Label the problem In John’s case with Paypal, the problem was that it wasn’t economically feasible for eBay to continue to be “niched” in auctions when most customers used eBay to buy all sorts of things. 2) Propose and justify the strategic solution The future was a simpler, more consumer friendly experience focused on mobile platforms. That was how consumers wanted to purchase goods online. This was the strategic solution. 3) Put the right people in the right place Everyone wants to be liked and John was no exception. But he had to accept that some people will not want to be part of the change and they won’t like you. They will not help, therefore they should leave. We need to be deliberate about our choices and only take on the journey those who want to. I found this simple framework to be fantastically insightful and useful. It’s a lesson I still keep close to me these days.

Paypal stock has risen about 30% this year, bolstered by strategic partnerships with giants like Amazon and Shopify. Despite competition from Apple Pay, PayPal's strong revenue growth indicates its resilience and adaptability in the digital payments market. As the e-commerce landscape evolves, PayPal remains a notable player for investors to watch.👇 https://lnkd.in/dcnnTwR4 #InvestInPayPal #DigitalPayments #EcommerceTrends #StockMarketInsights

What's New to The Street... 💸📊 PayPal is planning to launch an ad business using data from its millions of shoppers and has hired Uber’s former head of advertising to lead the new division. How do you feel about PayPal stepping into the advertising game? Share your thoughts! 💬📈 👉🏻Follow New To The Street for more! #PayPal #Advertising #TechNews #DataDriven #BusinessGrowth #Innovation #businessnews #business #news #newtothestreet

What's New to The Street... 💸📊 PayPal is planning to launch an ad business using data from its millions of shoppers and has hired Uber’s former head of advertising to lead the new division. How do you feel about PayPal stepping into the advertising game? Share your thoughts! 💬📈 👉🏻Follow New To The Street for more! #PayPal #Advertising #TechNews #DataDriven #BusinessGrowth #Innovation #businessnews #business #news #newtothestreet

“Long term profitable growth” is the name of the game.

- PayPal executives prioritize reigniting growth in branded checkout products amidst competition from big tech rivals like Apple and Google. - Cost-cutting measures and improved margins contribute to a 3% stock increase, reflecting efforts to drive profitable growth under CEO Alex Chriss. - Despite challenges, PayPal raises full-year adjusted profit forecast and shows resilience with a 14% increase in total payment volumes and 10% climb in net revenue. To know more, read the full article on #theenterprise #PayPal #DigitalPayments #BrandedCheckout #ProfitGrowth #Efficiency #Competition #TechIndustry #FinancialPerformance #globalbusiness #theenterprisenews #followformore #global #finance

🚀🚀 Navigating Change and Innovation. New Era Under Alex Chriss🚀 🚀 A year into his role as CEO of PayPal, Alex Chriss has notably shifted the company's trajectory towards sustainable profitability and robust product innovation, marking a new chapter following its pandemic-era successes. Under his predecessor, Dan Schulman, PayPal had soared to compete with giants like Mastercard, but it faced challenges as the world transitioned from COVID-driven e-commerce surges. Today, under Chriss's leadership, PayPal is regaining investor confidence through rapid product development and strategic partnerships. This includes new offerings like Fastlane, which accelerates guest checkout processes, and enhanced tools for advertising and monetisation through Venmo, spotlighting PayPal's commitment to innovation. Partnerships, especially with industry leaders such as Amazon and Adyen, underscore PayPal's strategic agility and capability to foster collaboration even with direct competitors. They demonstrate a forward-thinking approach to leveraging its two-sided ecosystem. Despite some scepticism at its innovation event earlier this year, the recent positive reception to Fastlane and other initiatives indicates a shift in investor sentiment, bolstering PayPal's market position amidst challenges from other payment platforms like Apple Pay. As PayPal continues to innovate and redefine its business model, what are your thoughts on the strategies companies should adopt to maintain relevance in rapidly changing markets? Share your insights or tag someone whose opinion would add value to this discussion! #Fintech #Innovation #Leadership #PayPal #DigitalPayments #Ecommerce

Check out our technical videos of PayPal engineers as they take you deep into what makes integrating Fastlane by PayPal—our new accelerated checkout experience—customizable and easy-to-do. You’ll gain insight into everything from an overview of Fastlane to the tools that make integration a seamless experience. #PayPalEverywhere Check out the videos https://lnkd.in/gakG4tid

PayPal's new management is repositioning the company for "profitable growth". Growing profitably is hard, as seen from the deceleration in PayPal's Braintree business. "We're willing to accept a lower share of revenue in exchange for a higher margin contract,” - commented Jamie Miller, PayPal CFO, during Q2 2024 earnings call.