EBay Inc (NASDAQ:EBAY), one of the world’s largest online retailers, is on the verge of launching an advertising network in its fast growing mobile app. This will move the company a notch higher in the advertisement business. The company will take advantage of its app’s more than 4.6 million daily users and the growing use…
Amazon.com, Inc. (AMZN) and eBay Inc (EBAY)’s PayPal Increasing Their Shares in Payment Transactions
Major online payment processing services including eBay Inc (NASDAQ:EBAY)’s PayPal, Amazon.com, Inc. (NASDAQ:AMZN), and Alipay are breaching into the lending industry with huge loan portfolios. One of the biggest surprises came from the IPO filings of Alibaba Group Holding Limited, which stated that Alipay processed online transactions worth at least $10 billion. Further, the payment…
Possible Effects of eBay Inc (EBAY) Spinning Off Paypal
The idea of eBay Inc (NASDAQ:EBAY) spinning off its main payment gateway, Paypal, could have far reaching implications that would split the world’s biggest online retailer’s revenue almost by half. According to an article by The Information, the spinoff could be realized by the end of next year. This information was first released by eBay’s activist…
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