eBay (EBAY) shares are higher after the company announced it will split with PayPal sometime next year. After the split the two will trade as entirely separate companies, bringing to fruition a plan ...
In January, John Donahoe, the C.E.O. of eBay, declared that he and his company’s board were resoundingly opposed to the idea, floated by Carl Icahn, the activist investor, to spin off PayPal. The ...
EBay Inc (EBAY) and payments company PayPal may be separating later this year, but in an agreement released Thursday, the two will continue in a partnership extending over the next six years, ...
EBay is splitting off its fastest growing segment, mobile payment service PayPal, the e-commerce company said Tuesday. Investors applauded the news, sending eBay’s shares up nearly 7 percent in ...
PayPal has stepped up its war with eBay-owned Billpoint, leaving some auction sellers feeling caught in the cross fire. Last week, PayPal e-mailed auction sellers who use its online payment services, ...
Online marketplace eBay will now pay its sellers directly rather than through online payment giant PayPal under new rules which came into effect on 1 June, marking an end to a 19-year partnership.
Value-Added Services: PayPal generates revenues through partnerships, referral fees, subscription fees, gateway fees, and ...
The online payments giant is making meaningful strides and eBay shareholders automatically got a piece of the new company. Icahn, as we know, took home the win. And as of this week, PayPal is once ...
Carl Icahn had to wait several months, but the activist investor got his way. Online marketplace eBay EBAY announced Tuesday it will split from the mobile payments service PayPal — a spinoff long ...
update PayPal is now officially a part of eBay, but the online payments company will be without its chief executive officer who led it into the merger. eBay announced Thursday afternoon that it has ...
eBay's acquisition of PayPal on Monday follows a long, costly and ultimately futile attempt to make its first bill payment system succeed. Three years ago, the online auction giant bought Billpoint, a ...
eBay and PayPal are going their separate ways, with the payments company moving out from under the eBay umbrella to form its own, publicly-traded company. The move follows a strategic review conducted ...