Payment system PayPal has become an independent company
Internet auction eBay completed the allocation of the payment system PayPal to an independent company. From June 20, eBay and PayPal shares will be sold on the stock exchange separately, writes The Wall Street Journal. As previously reported , the cost of eBay without PayPal will be about $ 30 billion.
It is worth noting that PayPal and eBay show different financial results. If the revenue of the payment system is growing, then the online auction is not so good: the company sells some assets (for example, a corporate unit ), and optimizes internal processes.
Each company will have its own new manager. EBay is Devin Wenig, and PayPal is Dan Shulman. Until now, the CEO of eBay was John Donahue, who is now leaving his post. According to Donahue, eBay now has additional difficulties in its work. For example, due to a change in the algorithm for generating search results by the Google search service, links to eBay products are not ranked as high as before.
Now eBay has to overcome this problem and some other difficulties in order to achieve a steady growth in profits, according to John Donahue.
It is worth noting that PayPal and eBay show different financial results. If the revenue of the payment system is growing, then the online auction is not so good: the company sells some assets (for example, a corporate unit ), and optimizes internal processes.
Each company will have its own new manager. EBay is Devin Wenig, and PayPal is Dan Shulman. Until now, the CEO of eBay was John Donahue, who is now leaving his post. According to Donahue, eBay now has additional difficulties in its work. For example, due to a change in the algorithm for generating search results by the Google search service, links to eBay products are not ranked as high as before.
Now eBay has to overcome this problem and some other difficulties in order to achieve a steady growth in profits, according to John Donahue.
')
Source: https://habr.com/ru/post/292740/
All Articles