PayPal Reports Robust Fourth Quarter and Full Year 2016 Results

[kreslik.news]

Global technology platform and digital payments provider, PayPal, has today released its fourth quarter and full year results for the period ended 31 December, 2016.

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The company has reported solid 2016 financial metrics with a marked increase in engagement on its platform, continuing strong momentum in mobile payments, together with an overall increase in customer numbers and market share.

Fourth Quarter Metrics

Financial highlights for the fourth quarter include revenue growth of 17 percent to $2.98 billion, or 19 percent on a foreign currency neutral (FX-neutral) basis. The ... (read more)