PayPal Holdings, Inc. (PYPL) Presents at Morgan Stanley Technology, Media and Telecom Conference (Transcript)

PayPal Holdings, Inc. (NASDAQ:PYPL) Morgan Stanley Know-how, Media and Telecom Convention March 8, 2023 5:40 PM ET

Firm Members

Dan Schulman – President and CEO

Convention Name Members

James Faucette – Morgan Stanley

James Faucette

All proper. We’ll go forward and get began right here with PayPal this afternoon. Thanks very a lot to all people for becoming a member of us this yr’s TMT convention. Earlier than I get began with Dan Schulman, President and CEO of PayPal, I do have some vital disclosures to learn.

Please see the Morgan Stanley analysis disclosure web site at In case you have any questions, please attain out to your Morgan Stanley gross sales consultant.

Query-and-Reply Session

Q – James Faucette

So Dan, how have you ever been? You’ve your boots on. I’ve my boots on. That is the beginning of the final rodeo tour. It is that the deal precisely, no less than so far as investor conferences go. So all proper. So look, I’ve obtained my questions right here, however perhaps we’ll begin at a excessive degree. Over the previous yr, you and the remainder of the group at PayPal have taken plenty of steps to regulate to each a softer e-commerce surroundings in addition to basic macro surroundings. So how do you are feeling about your positioning in the present day? And what’s going to you be most targeted on within the coming yr? Like what does the to-do-list appear to be?

Dan Schulman

Effectively, to start with, thanks for having me, James, and thanks for sporting your cowboy boots in empathy. So look, it has been an attention-grabbing final a number of years for all of us, and particularly in the event you had been within the e-com sector, we went into the pandemic, all the pieces doubled. Our volumes doubled. We placed on over 100 million new actives. And then you definately come out of the pandemic and you must regulate to a brand new actuality, as on-line to in-store regulate. And persons are making an attempt