PayPal Is Holding Its Ground Amid Clash Of Digital Payment Titans
PayPal Is Holding Its Ground Amid Clash Of Digital Payment Titans
In recent years, PayPal Holdings Inc (NASDAQ:PYPL) has been struggling as Big Tech titans, Apple Inc (NASDAQ:AAPL) and Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) expanded its footprint in digital payments. Even Robinhood (NASDAQ:HOOD) is entering the credit card arena. The Robinhood Gold Card pitch is impressive, to say the least, and promises to give both Apple and PayPal a headache. But at the end of April, PayPal showed it is determined to reignite the growth story of its brand offferings while its unbranded businesses continue to grow, as it confidently lifted its full year adjusted profit guidance.
近年来，随着大型科技巨头苹果公司（纳斯达克股票代码：AAPL）和Alphabet Inc（纳斯达克股票代码：GOOG）（纳斯达克股票代码：GOOG）扩大其在数字支付领域的足迹，PayPL Holdings Inc（纳斯达克股票代码：PYPL）一直在苦苦挣扎。甚至罗宾汉（纳斯达克股票代码：HOOD）也正在进入信用卡领域。至少可以说，罗宾汉金卡的宣传令人印象深刻，有望让苹果和PayPal都头疼。但是在4月底，PayPal表示，它决心重燃其品牌产品的增长故事，同时其无品牌业务继续增长，因为它自信地提高了调整后的全年利润预期。
First Quarter Highlights
第一季度亮点
For the quarter ended on March 31st, total payment volumes grew 14% to $403.9 billion on increased global consumer spending that held up amid an uncertain economy. Net revenue climbed 10% to $7.7 billion. Aided by cost cuts, adjusted operating margin improved to 18.2%.
在截至3月31日的季度中，总支付量增长了14％，达到4,039亿美元，这要归因于经济不确定的情况下全球消费者支出的增加。净收入增长了10％，达到77亿美元。在削减成本的帮助下，调整后的营业利润率提高至18.2％。
A Lifted Outlook
前景看好
For 2024, PayPal guided for adjusted profit growth in in mid-to-high single-digit percentages, while it previously forecasted it will remain flat.
PayPal预计2024年的调整后利润将以中到高的个位数百分比增长，而此前它预测将保持不变。
Focus on upgrades in attempt to win back investor support.
专注于升级，试图赢回投资者的支持。
PayPal is trying to woo investors by making efforts to become leaner as it focuses on achieving profitable growth. CEO Alex Chriss spoke of PayPal's work to instill cost discipline, stating that management is "leaving no stone unturned when it comes to reducing unproductive costs". While turning things around will likely take time and it is already taking longer than some expected, PayPal feels confident in its long-term opportunities as it already evolved from a checkout button to a platform of end-to-end solutions for both merchants and consumers. It's no exaggeration to say that the digital wallet universe is a story of the clash of the titans, with PayPal going against Apple and against Google. Apple, Google and PayPal are competing for consumers' wallets and the battle is as intense as it gets. Apply Pay is going from strength to strength, and it is also bringing the entire Apple ecosystem for the ride, seriously challenging PayPal whose days of dominating mobile payments are long gone. But PayPal is not giving its lunch to Apple nor anyone else by showing determination not to become obsolete. After all, it made a name for itself, and with a great name, it expanded into a supersized company, that on one hand is harder to steer, but on the other, it offers the broadest assortment of services to offer solutions that can supercharge a merchant's business. With its latest quarterly report, PayPal made it clear it will do whatever it takes to reignite growth of its branded offerings.
PayPal正试图通过努力变得更精简来吸引投资者，因为它专注于实现盈利增长。首席执行官亚历克斯·克里斯谈到了PayPal为灌输成本纪律所做的工作，他说管理层 “在降低非生产性成本方面正在不遗余力”。尽管扭转局面可能需要时间，而且所花费的时间已经比某些人预期的要长，但PayPal对其长期机遇充满信心，因为它已经从结账按钮发展成为面向商家和消费者的端到端解决方案平台。可以毫不夸张地说，数字钱包世界是一个关于巨头冲突的故事，PayPal对抗苹果，反对谷歌。苹果、谷歌和PayPal正在争夺消费者的钱包，这场战斗越来越激烈。Apply Pay越来越强大，它也为整个苹果生态系统带来了巨大挑战，对主导移动支付的时代早已一去不复返的PayPal构成了严重挑战。但是，PayPal没有表现出不被淘汰的决心，从而向苹果或其他任何人提供午餐。毕竟，它为自己赢得了名声，并以出色的名字扩展为一家超大型公司，一方面更难管理，但另一方面，它提供了最广泛的服务，以提供可以增强商家业务的解决方案。PayPal在最新的季度报告中明确表示，它将尽一切努力重振其品牌产品的增长。
DISCLAIMER: This content is for informational purposes only. It is not intended as investing advice.
免责声明：此内容仅供参考。它不打算作为投资建议。
This article is from an unpaid external contributor. It does not represent Benzinga's reporting and has not been edited for content or accuracy.
本文来自一位未付费的外部撰稿人。它不代表 Benzinga 的举报，也未就内容或准确性进行过编辑。
译文内容由第三方软件翻译。