{"version":"1.0","provider_name":"Fortune Insight","provider_url":"https:\/\/prime.fortuneinsight.com\/web","author_name":"\u7a4dGod","author_url":"https:\/\/prime.fortuneinsight.com\/web\/posts\/author\/jakgod","title":"Paypal (PYPL) Q1\u696d\u7e3e\u77ed\u8a55\u53ca\u8cb7\u5165\u9ede - Fortune Insight","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\"><a href=\"https:\/\/prime.fortuneinsight.com\/web\/posts\/538755\">Paypal (PYPL) Q1\u696d\u7e3e\u77ed\u8a55\u53ca\u8cb7\u5165\u9ede<\/a><\/blockquote>\n<script type='text\/javascript'>\n<!--\/\/--><![CDATA[\/\/><!--\n\t\t!function(c,d){\"use strict\";var e=!1,n=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},!c.wp.receiveEmbedMessage)if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(t)if(t.secret||t.message||t.value)if(!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var r,a,i,s=d.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),n=d.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),o=0;o<n.length;o++)n[o].style.display=\"none\";for(o=0;o<s.length;o++)if(r=s[o],e.source===r.contentWindow){if(r.removeAttribute(\"style\"),\"height\"===t.message){if(1e3<(i=parseInt(t.value,10)))i=1e3;else if(~~i<200)i=200;r.height=i}if(\"link\"===t.message)if(a=d.createElement(\"a\"),i=d.createElement(\"a\"),a.href=r.getAttribute(\"src\"),i.href=t.value,i.host===a.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener(\"message\",c.wp.receiveEmbedMessage,!1),d.addEventListener(\"DOMContentLoaded\",t,!1),c.addEventListener(\"load\",t,!1);function t(){if(!n){n=!0;for(var e,t,r=-1!==navigator.appVersion.indexOf(\"MSIE 10\"),a=!!navigator.userAgent.match(\/Trident.*rv:11\\.\/),i=d.querySelectorAll(\"iframe.wp-embedded-content\"),s=0;s<i.length;s++){if(!(e=i[s]).getAttribute(\"data-secret\"))t=Math.random().toString(36).substr(2,10),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t);if(r||a)(t=e.cloneNode(!0)).removeAttribute(\"security\"),e.parentNode.replaceChild(t,e)}}}}(window,document);\n\/\/--><!]]>\n<\/script><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/prime.fortuneinsight.com\/web\/posts\/538755\/embed\" width=\"600\" height=\"338\" title=\"&#8220;Paypal (PYPL) Q1\u696d\u7e3e\u77ed\u8a55\u53ca\u8cb7\u5165\u9ede&#8221; &#8212; Fortune Insight\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe>","thumbnail_url":"https:\/\/prime.fortuneinsight.com\/web\/wp-content\/uploads\/2021\/02\/FI_Prime_FB_Share_cover-500x263.jpg","thumbnail_width":500,"thumbnail_height":263,"description":"\u5982\u679c\u6709\u7747\u4e4b\u524d\u500bPost 4\u96bb\u503c\u535a\u7387\u8f03\u9ad8\u7684\u975e\u4e2d\u6982\u7f8e\u80a1\uff0c\u90fd\u77e5\u6211\u5c0dPypl\u6709\u8208\u8da3, \u4e0d\u904e\u7576\u65e5\u5dee\u5c0f\u5c0f\u5148\u5230\u8cb7\u5165\u50f9\uff0c\u6240\u4ee5\u932f\u904e\u5de6\u3002 \u6700\u8fd1\u51fa\u5de6Q1 \u597d\u4eae\u9e97\u7684\u696d\u7e3e\uff0c\u540c\u5927\u5bb6\u5206\u6790\u4e0b\u696d\u7e3e\u91cd\u9ede\uff0c\u540c\u57cb\u73fe\u50f9\u4f30\u503c\u4ef2\u9069\u5514\u9069\u5408\u8cb7\u5165\u3002 \u7e3d\u652f\u4ed8\u984d\u589e\u9577\u8d85\u9810\u671f Q1\u7e3d\u652f\u4ed8\u984d(TPV)\u540c\u6bd4\u589e\u9577\u4e8650%(\u4e0d\u542b\u8ca8\u5e63\u768446%)\u3002 \u82072020Q4\u76f8\u6bd4\uff0cPayPal TPV \u74b0\u6bd4\u589e\u95773.0%; \u76f8\u6bd4\u4e4b\u4e0b\uff0c2020Q1\u74b0\u6bd4\u5247\u4e0b\u8dcc4.4%\uff0c\u6240\u4ee5\u90fd\u986f\u793a\u51fa\u4eca\u5e74\u7b2c1\u5b63\u5ea6\u7684\u5f37\u52c1\u8868\u73fe\u3002 PayPal\u7684\u7ba1\u7406\u5c64\u90fd\u5c072021Q1\u63cf\u8ff0\u70ba\u300cPayPal\u6b77\u53f2\u4e0a\u6700\u5f37\u52c1\u7684\u4e00\u500b\u5b63\u5ea6\u300d\u3002 Q1\u71df\u6536\u540c\u6bd4\u589e\u9577\u4e8629%\uff0c\u8d85\u904e\u4e86\u4e4b\u524d\u5e7e\u500b\u5b63\u5ea6\u7684\u589e\u9577\uff0c\u5176\u5be6\u4e3b\u8981\u56e0\u70ba2020Q4\u75ab\u60c5\u5f71\u97ff\u5c0e\u81f4\u7684\u75b2\u5f31\uff0c\u6240\u4ee5\u4eca\u6b21Q1\u7279\u5225\u5f37\u52c1\u3002 Non GAAP EPS \u540c\u6bd4\u589e\u957784%\uff0c\u4e4b\u524d\u5e02\u5834\u9810\u6e2c\u70ba50% \u7528\u6236\u898f\u6a21\u53ca\u589e\u9577\u65b9\u9762 2021Q1\uff0cPayPal\u7684\u6de8\u65b0\u6d3b\u8e8d\u7528\u6236\u589e\u52a0\u4e861450\u842c\uff0c\u5ef6\u7e8c\u4e86PayPal\u81ea\u75ab\u60c5\u958b\u59cb\u4ee5\u4f86\u6bcf\u500b\u5b63\u5ea6\u65b0\u589e\u65b0\u6d3b\u8e8d\u7528\u6236\u7d041500\u842c\u7684\u8da8\u52e2\uff0c\u800c\u5728\u75ab\u60c5\u524d\u901a\u5e38\u6bcf\u500b\u5b63\u5ea6\u65b0\u589e\u65b0\u6d3b\u8e8d\u7528\u6236\u70ba1000\u842c\u3002 TPV\u70ba2,850\u5104\u7f8e\u5143\uff0c\u6839\u64da\u7ba1\u7406\u5c64\u7684\u8a55\u8ad6\uff0cPayPal\u7684TPV\u4f86\u6e90\u5206\u985e\u5982\u4e0b\uff1a Top 15 marketplace \u4f5440%, \u540c\u6bd4\u589e\u957783%, \u4fc2\u4e00\u500b\u975e\u5e38\u5f37\u52c1\u7684\u589e\u9577\u9ede\u3002 eBay\u5c31\u540c\u6bd4\u4e0b\u964d3%, \u90fd\u6b63\u5e38\uff0c\u8fd1\u5e74eBay \u597d\u4f3c\u505a\u5f97\u9ebb\u9ebb\u5730\u3002 Venmo \u7684\u652f\u4ed8\u984d\u540c\u6bd4\u589e\u9577\u4e8663\uff05\u3002\u5176\u4ed6P2P\uff08PayPal\uff0cXoom\u7b49\uff09\u7684\u652f\u4ed8\u984d\u589e\u9577\u4e8634\uff05\u3002\u7ba1\u7406\u5c64\u91cd\u7533\uff0c\u4f62\u5730\u5c0dVenmo\u7684\u6536\u5165\u57282021\u5e74\u9054\u52309\u5104\u7f8e\u5143\u5145\u6eff\u4fe1\u5fc3\u3002 \u7d93\u71df\u80fd\u529b\u6301\u7e8c\u5411\u597d PayPal\u7684Non-GAAP EBIT\u74b0\u6bd4\u589e\u9577\u4e8610.8%\uff0c\u540c\u6bd4\u589e\u9577\u4e8684\uff05\u3002 EBIT\u6301\u7e8c\u6539\u5584\uff0c\u96d6\u7136\u4ecd\u4f4e\u65bc\u904b\u71df\u69d3\u687f\u7684\u6b63\u5e38\u9810\u671f\uff08\u56e0\u6301\u7e8c\u589e\u52a0\u5404\u9805\u696d\u7e3e\u6295\u8cc7\uff09\u4f46\u53ef\u4ee5\u7747\u756a\u5176\u5be6\u81ea2019\u5e74\u4ee5\u4f86\uff0cVolume-related expense\u4f54\u6536\u5165\u7684\u6bd4\u4f8b\u5728\u6301\u7e8c\u4e0b\u964d\uff0c\u800cNon-transaction expense ratio\u5247\u57fa\u672c\u6301\u5e73\uff0c\u56e0\u70ba\u7ba1\u7406\u5c64\u5728\u6839\u64da\u6536\u5165\u589e\u52a0\u6295\u8cc7\u3002 \u9810\u671f\u6307\u5f15 \u7ba1\u7406\u5c64\u9810\u8a082021\u5e74\u7684\u6536\u5165\u5c07\u6703\u589e\u957720%(Q2: 19%)\uff0cNon-GAAP EPS\u5c07\u6703\u589e\u957721% (Q2: 17%) \u53e6\u5916\u7ba1\u7406\u5c64\u5c0dPayPal\u5728\u75ab\u60c5\u7d50\u675f\u5f8c\u9084\u6703\u7e7c\u7e8c\u589e\u9577\u63d0\u4f9b\u4fdd\u8b49\uff0c\u56e0\u70ba\u7d93\u904e\u75ab\u60c5\u5f8c\uff0c\u6d88\u8cbb\u8005\u65e9\u5df2\u5c07\u5176\u6578\u5b57\u751f\u6d3b\u64f4\u5c55\u5230\u4e86\u7dda\u4e0a\u548c\u7dda\u4e0b\u3002 PayPal\u4e4b\u524d\u5ba3\u4f48\u7684\u4e00\u9ad4\u5316\u6578\u5b57\u9322\u5305\u8d85\u7d1a\u61c9\u7528\u9810\u8a08\u5c07\u65bc2021Q3\u63a8\u51fa\u3002 PayPal\u4ef2\u6703\u540c\u963f\u91cc\u5df4\u5df4\u5efa\u7acb\u4e86\u5168\u7403\u5408\u4f5c\u5925\u4f34\u95dc\u4fc2\uff0c\u4f7f\u4e2d\u570b\u4ee5\u5916\u7684\u6d88\u8cbb\u8005\u53ef\u4ee5\u5728\u963f\u91cc\u5df4\u5df4\u7db2\u7ad9\u4e0a\u8cfc\u7269\uff0c\u4f46\u662f\u9019\u9805\u5408\u4f5c\u53ea\u6709\u5728PayPal\u8207eBay\u7684\u6392\u4ed6\u6027\u5408\u4f5c\u5230\u671f\u5f8c\u624d\u53ef\u80fd\u5be6\u73fe\u3002 \u4f30\u503c \u73fe\u6642\u80a1\u50f9$253, TTM PE\u7d0472x (Non-GAAP \u5247\u7d0457x), \u5982\u7ba1\u7406\u5c64\u9810\u6e2c\u5168\u5e74Non GAAP [&hellip;]"}