digits growth, and downplays Apple Pay-related concerns for PayPal on the grounds that Pay is primarily an offline payments solution. Like others, Loeb expects an independent PayPal to have more partnership options with tech/Internet giants
(Reuters) - Venture capitalist Marc Andreessen said he was quitting EBay Inc's board following the online retailer's decision last month to spin off its electronic payment unit, PayPal .
Oct 20 (Reuters) - Venture capitalist Marc Andreessen said he was quitting EBay Inc's board following the online retailer's decision last month to spin off its electronic payment unit, PayPal .
Oct 20 (Reuters) - EBay Inc said venture capitalist Marc Andreessen would quit its board, after the online retailer announced last month that it was spinning off its electronic payment unit, PayPal .
what we've accomplished," says Marc Andreesen, taking to Twitter to announce his decision to resign as an EBAY director now that the decision to spin off PayPal has been made. eBay's press release Shares +0.5% premarket 1 comment!
noted that the past six to 18 months have seen many companies breaking apart. Earlier this month, eBay said it will spin off PayPal , the payments and money transfer business that it had bought in 2002. Also this month, Symantec Corp. of Mountain View
prevented from an even larger miss was PayPal . Revenue jumped 19.4% y/y, and ..... of the break-up, EBAY's savior, PayPal , will face acute competition that will ..... all entering the payment industry, PayPal is set to suffer. Facebook has not officially
(Reuters) - A recovery in eBay Inc's core e-commerce business will take longer than expected and any gains for investors would have to come from the separation of its PayPal unit, analysts said, a day after the company trimmed its full-year revenue forecast.
"The Spin is in," says analyst Mark Mahaney, i.e. the PayPal spinoff catalyst has come and gone, and while there is opportunity for the move to unlock value, markets will be in wait-and-see