PayPal presses on with turnaround, raises outlook as it fends off takeover bid
2 sources·Updated July 28, 2026
Covered by 2 sources
- Globe and Mail Biz·14h agoPayPal presses on with turnaround, raises outlook as it fends off takeover bid
Company lays out cost-saving roadmap through 2029, lifts profit forecast above expectations
Read at Globe and Mail Biz → - ET Tech·14h agoPayPal presses on with turnaround in pivotal quarter as sale questions linger
PayPal has detailed its cost-saving plans through 2029. The company also raised its 2026 profit forecast above market expectations. These results emerge as takeover speculation continues to swirl around the firm. PayPal's board considers the recent acquisition offer inadequate.…
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