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PayPal Leans Into Touting Venmo

The Information · Michael Roddan · last updated

PayPal’s revenue growth slowed to 6% in the third quarter, the payments firm reported on Tuesday, as growth in payment volume also slowed. Profit was unchanged at about $1 billion.

PayPal’s payment volume growth has slowed steadily, from 15% a year ago, thanks to competition from rival payments …

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