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…