Ebay and payment division, paypal, to split into two separate companies

eBay And Payment Division, PayPal, To Split Into Two Separate Companies

After many years of a functional joint operation that bordered on symbiosis, eBay’s board of directors has decided to split the parent company from its payment division, PayPal, and make the latter its own company. eBay/Paypal Split Although the news may come as a shock to most online shoppers (or anyone familiar with e-commerce, for…

China’s e-commerce giant alibaba launching online bazaar for u. S.

China’s E-Commerce Giant Alibaba Launching Online Bazaar for U.S.

Nicknamed “China’s Google” by the tech industry, Alibaba has set its sights on America, with plans to open an online marketplace for the U.S. market. The site, 11Main.com, aims to provide an online shopping experienced inspired by Main Streets, historically the retail hubs of American cities. Rather than an amalgam of products ranging from the questionably cheap to…