PayPal Stock Rallies After Company Announces Ads Manager For Small Businesses With No Upfront Costs
Synopsis
PayPal Ads Manager will allow small businesses to simply opt in to the service, integrate a Software Development Kit in minutes, and select their advertising preferences.
PayPal Holdings Inc. (PYPL) announced on Tuesday that it is introducing the Ads Manager service to small businesses, enabling them to generate revenue from their store traffic.
In an announcement, the company stated that this service comes with no upfront costs and that small businesses will not have to make any minimum commitment. PayPal Ads Manager will allow small businesses to simply opt in to the service, integrate a Software Development Kit (SDK) in minutes, and select their advertising preferences.
PayPal shares were up nearly 5% in Tuesday’s pre-market trade. Retail sentiment on Stocktwits around the company trended in the ‘extremely bullish’ territory, and PayPal was among the top three trending stocks on the platform at the time of writing.
Get updates to this story developing directly on Stocktwits.<
For updates and corrections, email newsroom[at]stocktwits[dot]com.<
Stay updated with all the latest Business News, including market trends, Share Market News, stock updates, taxation, IPOs, banking, finance, real estate, savings, and investments. Track daily Gold Price changes, updates on DA Hike, and the latest developments on the 8th Pay Commission. Get in-depth analysis, expert opinions, and real-time updates to make informed financial decisions. Download the Asianet News Official App from the Android Play Store and iPhone App Store to stay ahead in business.