“Payments processor PayPal Holdings Inc ( PYPL.O ) said on Thursday it expects first-quarter revenue to be at the lower end of its previously forecast range, as online transactions globally took a hit from the coronavirus outbreak. Several companies, including Apple Inc ( AAPL.O ), Mastercard Inc ( MA.N ) and American Airlines Group Inc ( AAL.O ), have warned of a hit from the rapid spread of the epidemic that has disrupted supply chain, hurt global travel and led to temporary shutdowns of businesses.”
PayPal Sees Revenue Hit From Coronavirus Outbreak
Reuters
