Top Calls: MoffettNathanson Downgrades Paypal

The transcript discusses PayPal's competitive challenges, particularly from Apple Pay, which is rapidly gaining market share. It highlights the leadership transition with a new CEO and the vacancies in key C-Suite roles, which have affected the company's performance. The focus is on addressing competition, revitalizing PayPal's digital wallet, and steering consumers back to PayPal for checkouts.

What are the main competitors that PayPal is facing in the market?

How has the pandemic affected Apple Pay's market share compared to PayPal?

What challenges does the new CEO of PayPal face upon starting?

What impact does the turnover in senior ranks have on PayPal's performance?

What strategies might PayPal implement to regain market share?