Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Ananya Gairola

Sundar Pichai Says He's 'Excited' About Teaming Up With PayPal On AI Shopping And Payments: PYPL Spikes After Hours

London,,Uk,-,August,2021:,Paypal,Finance,Service,Logo,On

On Wednesday, PayPal Holdings Inc. (NASDAQ:PYPL) shares climbed after CEO Alex Chriss and Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai announced a multi-year partnership to integrate PayPal's payment solutions with Google's AI-powered shopping and cloud platforms.

PayPal shares rose 2.65% during the regular trading session and gained another 1.97% in after-hours trading, according to Benzinga Pro. On Wednesday, Alphabet's Class A shares closed down 0.65% at $249.52, while Class C shares slipped 0.62% to $249.85.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.