Home / ebay / With $5 Billion in Hand, PayPal Gains Increased Flexibility

With $5 Billion in Hand, PayPal Gains Increased Flexibility

NEW YORK (TheStreet) — The moment eBay announced its plans to spin off its payments unit , PayPal, rumors amassed of the potential for acquisitions. Now the news that PayPal will be parting with $5 billion in cash adds fuel to the fire. Bob Swan, chief financial officer of San Jose, Calif.-based eBay, mentioned the cash gift at the Goldman Sachs Technology and Internet Conference on Wednesday …

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Your email address will not be published.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 *