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With a market capitalization of $74.1 billion, PayPal (PYPL) has been a dominant force in the digital payments industry, providing a platform that allows consumers and merchants to transact seamlessly around the world. The company has been on a transformation journey since CEO Alex Chriss took over in 2023, with a focus on profitable growth and operational efficiency.
The company reported strong fourth-quarter and full-year results on Feb. 6. PayPal successfully navigated 2024, laying the groundwork for sustained growth. However, the company is still in the transformation stage.