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Jumia Technologies AG: Jumia Reports First Quarter 2021 Results; Continued Progress Towards Profitability year-over-year was up 149% year-over-year year-over-year LAGOS, NIGERIA / ACCESSWIRE / May 11, 2021 / Jumia Technologies AG (NYSE:JMIA) ("Jumia" or the "Company") announced today its financial results for the first quarter ended March 31, 2021. Results highlights for the first quarter 2021 For the three months ended March 31 As reported 2.5 (24.4 % "Our first quarter results reflect solid progress towards profitability. The drivers remain consistent: selective and disciplined usage gro...

PayPal Reportedly Launches Business Unit Specifically Dedicated to Cryptocurrency   PayPal Holdings, Inc. (NASDAQ: PYPL) is reportedly launching a new business unit that is specifically dedicated to cryptocurrency services. According to Bitcoin.com, PayPal CEO, Daniel Schulman, stated during an earnings phone call that the existing financial system is considered outdated and that PayPal will be investing more funds into blockchain and digital currencies. He also revealed: “We all know the current financial system is antiquated, and we can envision a future where transactions are complete...

PayPal Releases Fourth Quarter & Full Year 2020 Results   PayPal Holdings, Inc. (NASDAQ: PYPL) announced this week the release of its fourth quarter and full-year 2020 results. Despite the COVID-19 pandemic, PayPal reported that 2020 has the strongest performance in the payment platform’s history, with Total Payment Volume (TPV) being $936 billion, growing 31% on a spot and FX-neutral basis (FXN) basis. PayPal also revealed that revenue for 2020 was $21.45 billion, growing 21%, and 22% FXN. Other highlights include: GAAP EPS of $3.54, up 71% and non-GAAP EPS of $3.88, up 31% ~$5.9 billi...