Home / ebay / PayPal, eBay to stay interdependent for five years after split

PayPal, eBay to stay interdependent for five years after split

(Reuters) – PayPal, eBay Inc's electronic payments division, said the two firms had agreed that eBay would not reduce the volume of transactions it channels through PayPal, while continuing to get better rates for its merchants for five years after the two split. PayPal is slated to be separated from eBay's marketplace division in the second half of this year, creating a publicly traded company …

More: continued here

About admin

Check Also

This Year’s ‘Power Lunch’ With Warren Buffett Sold For $3.3M on eBay – Observer

Observer This Year's 'Power Lunch' With Warren Buffett Sold For $3.3M on eBayObserverAn anonymous buyer …

Leave a Reply

Your email address will not be published. Required fields are marked *