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PayPal processed $132 billion in payments in the first quarter of 2018, up 32% from a year ago

PayPal's quarterly profit beats estimates

PayPal Holdings reported first-quarter profit that beat Wall Street estimates as the payment processor benefited from higher volumes of mobile payments and strong merchant services business.

Business • 26 Apr 18

PayPal said its adjusted profit rose 32% during the third quarter to $560m

PayPal Q3 profit beats on higher mobile volumes

Sharp growth in mobile payments led PayPal Holdings to report a better than expected third-quarter profit and lift its guidance for earnings through the rest of the year.

Business • 20 Oct 17

PayPal said its fourth-quarter results were hurt by currency movements

PayPal outlook muted on mobile competition

PayPal Holdings last night offered a subdued outlook, as it faced unpredictable currency fluctuations and an increasingly competitive digital payments market.

Business • 27 Jan 17

PayPal has raised its revenue growth forecast for a three-year period to 16-17%, from its previous guidance of 15%

PayPal's quarterly revenues beat expectations

PayPal Holdings last night reported a better-than-expected 18.1% rise in quarterly revenue and its margin forecast allayed concerns over costs associated with its payment network deals with MasterCard and Visa.

Business • 21 Oct 16

PayPal unveils new efforts to bring its internet payments service to the physical checkout line

PayPal seeks to extend reach with Visa deal

PayPal Holdings has moved to extend the reach of its online payments business through a deal with Visa that is expected to boost the revenue and number of users of the money-transfer service.

Business • 22 Jul 16

eBay has tackled slowing growth by focusing on small business sellers, while offering a bigger selection of products

EBay beats revenue estimate, raises forecasts

Online retailer eBay last night reported better-than-expected quarterly revenue and raised its sales forecast for the year as efforts to revamp its online marketplace start to pay off.

Business • 21 Jul 16

Paypal had planned to invest $3.6m in a global operations centre near Charlotte

PayPal drops US investment over transgender row

US online payment giant PayPal has dropped plans to invest millions of dollars in North Carolina, joining a growing chorus of protests by major companies against recently passed state legislation targeting transgender people.

Technology • 06 Apr 16

The vacancies will be for to customer-service and team-leader positions

Paypal announces 100 new jobs at Dublin centre

PayPal has announced the creation of 100 jobs at its Global Operations Centre for Europe, the Middle East and Africa in Ballycoolin, Dublin.

News • 03 Mar 16

Carl Icahn had successfully lobbied a reluctant eBay to spin PayPal off into a separate company

Icahn sheds eBay stake in favour of PayPal

Activist investor Carl Icahn shed his stake in online marketplace eBay, opting to put his money instead into recently spun-off PayPal, according to a regulatory filing made public last night.

Business • 17 Nov 15

eBay bought payments firm PayPal in 2002 to facilitate a reliable method for shoppers to pay for their purchases on its website

PayPal shares rise following split from eBay

PayPal Holdings shares have jumped as much as 11% in their highly anticipated return to the Nasdaq after more than a decade in eBay fold, valuing the digital payment processor at about $52 billion.

Business • 20 Jul 15

Ebay's quarterly results better than expected

EBay sells enterprise unit ahead of PayPal split

E-commerce company eBay said it was selling its enterprise business to a consortium led by private equity firm Permira for $925m.

Business • 17 Jul 15

Revenue from eBay's payments business rose 14% to $2.11 billion in the first quarter

EBay profit beats forecast as PayPal revenue jumps

E-commerce company eBay last night reported a higher than expected quarterly profit as revenue surged from its payments business that includes PayPal.

Business • 23 Apr 15

Ebay and Paypal employ around 2,500 people across sites in Dublin and Dundalk

EBay to cut jobs and announces new Ichan agreement

Ebay has announced a deal with activist investor Carl Icahn that will give investors a greater say in its PayPal payments unit once it is spun off.

Business • 22 Jan 15

EBay trims revenue outlook amid economic fears

EBay last night trimmed its full-year revenue forecast, signalling a weaker than expected Christmas shopping season.

Business • 16 Oct 14

PayPal and Ryanair in new payments partnership

Ryanair teams up with PayPal

Ryanair has today launched a new payment partnership with online payments service PayPal.

Business • 18 Aug 14

Ebay saw revenue rise despite a cyber attack and changes to the way Google indexes searches

Ebay posts 13% rise in quarterly revenue

Ebay has posted a 13% rise in quarterly revenue, as better-than-expected results from its fast-growing PayPal division helped the online retailer overcome increasing competition from Amazon.com and a well-publicised cyber attack.

Business • 17 Jul 14

Peter Thiel co-founded PayPal and was an early stage investor in Facebook

Peter Thiel to speak at The Summit in Dublin

Peter Thiel has been announced as a speaker at The Summit conference, which is due to take place in Dublin later this year.

Business • 19 Jun 14

The new jobs will be in telesales, merchant services, cost solutions and risk operations

PayPal to create 400 Dundalk jobs

Online payments company PayPal is creating 400 jobs over the next four years at its European operations centre in Dundalk, Co Louth.

News • 18 Jun 14

Facebook recruits David Marcus from PayPal

Facebook names new 'mobile messaging' chief

Facebook has hired the top executive of eBay's PayPal division to lead the social network's efforts to boost its mobile messaging.

Business • 10 Jun 14

EBay's revenue rose 13.5% to $4.53 billion for the fourth quarter

EBay dismisses Icahn proposal to spin off Paypal

Carl Icahn has taken a stake in eBay and is proposing a spin-off of its fast-growing PayPal division.

Business • 23 Jan 14

Ebay seeing 'dramatically decelerating US e-commerce growth'

EBay sales forecast below expectations

EBay issued profit forecasts that fell short of estimates ahead of the key Christmas shopping season, citing "dramatically decelerating US e-commerce growth."

Business • 17 Oct 13

Ebay's revenue rose in the second quarter, but its profits fell

Ebay warns over economic weakness in Europe

Ebay has warned that weak economies in Europe and Korea will create a challenge for the company in the second half of the year.

Business • 18 Jul 13

PayPal working out how commerce will work in space

PayPal looks to conquer payments in space

PayPal wants to explore space - or at least begin to figure out how payments and commerce will work beyond Earth's realm once space tourism takes off.

Business • 27 Jun 13

Ebay's earnings and revenues grow in first three months of the year

EBay Q1 earnings up, but outlook falls short

EBay's high-flying stock price declined in after-hours trading last night after the e-commerce bellwether gave a cautious outlook for the current quarter due in part to the lacklustre European economy.

Business • 18 Apr 13

eBay's fourth quarter results beat expectations

EBay's Q4 performance caps company's best year yet

EBay finished last year with a flourish as bargain hunters flocked to its Internet shopping mall and digital payment service to help lift the company's fourth-quarter earnings above analyst projections.

Business • 17 Jan 13