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 COO Bill Ready contends eBay’s decision to ditch the company and use Adyen to process payments moving forward is actually good for PayPal (PYPL). On Wednesday, eBay (EBAY) announced it plans to ...
eBay announced it would not be renewing its agreement with PayPal when its current deal expires in 2020. Should PayPal shareholders be worried? Yet none of the analysts' questions in the conference ...
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 ...
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 ...
Back in September, eBay finally caved to pressure from activist investor Carl Icahn and said it would spin off PayPal, its payments unit, to create two separate publicly traded companies. The split is ...
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.
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, ...
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 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 ...
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 ...