Tech
PayPal lifts 2025 profit forecast above estimates as turnaround picks up pace
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PayPal raised its full-year profit forecast above Wall Street estimates on Tuesday, as the digital payments giant’s push to revive growth in high-margin businesses such as Venmo and U.S. checkout begins to pay off.
Under CEO Alex Chriss, PayPal has shifted its focus to profitability rather than chasing top-line growth. The company is trying to regain momentum in parts of its business that lost steam after the pandemic-era e-commerce boom faded and competition intensified.
PayPal’s Venmo, a platform that has become virtually synonymous with peer-to-peer…
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