{"id":79883,"date":"2021-11-09T02:49:36","date_gmt":"2021-11-09T07:49:36","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=79883"},"modified":"2021-11-09T02:33:34","modified_gmt":"2021-11-09T07:33:34","slug":"paypal-issues-disappointing-revenue-forecast-for-next-year-announces-venmo-deal-with-amazon","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2021\/paypal-issues-disappointing-revenue-forecast-for-next-year-announces-venmo-deal-with-amazon.html","title":{"rendered":"PayPal issues disappointing revenue forecast for next year; announces Venmo deal with Amazon"},"content":{"rendered":"\n<p>(CNBC)<\/p>\n\n\n\n<p><a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/PYPL\" target=\"_blank\">PayPal<\/a> reported revenue growth for the third quarter of 13% on Monday and said it\u2019s teaming up with <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/AMZN\" target=\"_blank\">Amazon<\/a> to let U.S. customers pay with Venmo at checkout, starting in 2022. However, after initially rising in extended trading, PayPal shares reversed course and fell 5% after the company issued a revenue forecast for next year that missed analysts\u2019 estimates.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/11\/08\/paypal-pypl-earnings-q3-2021.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) PayPal reported revenue growth for the third quarter of 13% on Monday and said it\u2019s teaming up with Amazon to let U.S. customers pay with Venmo at checkout, starting in 2022. However, after initially rising in extended trading, PayPal [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-79883","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=79883"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79883\/revisions"}],"predecessor-version":[{"id":79884,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/79883\/revisions\/79884"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=79883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=79883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=79883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}