PayPal: Revenue in the third quarter was US$7.4 billion, a year-on-year increase of 9%

PayPal recently released its Q3 earnings report, which showed that the company's revenue for the quarter was $7.4 billion, a 9% increase year-on-year at fixed exchange rates, exceeding market expectations. Adjusted earnings per share were $1.30, better than the market's expected $1.23, and total payment volume increased 13% at fixed exchange rates.