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PayPal (PYPL) is due to report its first-quarter financial results on May 5 before the market opens.
PayPal has appointed Enrique Lores, former HP CEO, as its new CEO in February.
KEY POINTS
- Anshu Bhardwaj, ex-Walmart Commerce Technologies CEO, is now PayPal's Chief AI Transformation Officer.
- PayPal plans to separate its fast-growing Venmo business from its other operations.
- Several companies reportedly approached PayPal to acquire all or parts of the company.
- A potential Venmo spinoff or PayPal sale could yield significant gains for shareholders.
COMPANIES
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