PayPal to Add 35M New Accounts Despite eBay Decline

While PayPal finished strong in 2019, beating analyst estimates in terms of revenue, active usership and total payments volume processed, the company is distancing itself from eBay and looking to the future with its recent acquisition of Honey Science. In Q4 of 2019, PayPal reported adjusted earnings per share of $.86, an increase from $.69 at the same time last year. Revenue stood at $4.96 billion, up from $4.22 billion, and total payments volume (TPV) was up 22 percent to $199 billion...