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PayPal enables Bitcoin transactions for merchants selling digital goods, claiming that it would earn transaction revenue through referral fees. [59] [60] Bitcoin's price rises rapidly in response to the announcement. [61] 2014: September 30: Company restructuring: It is announced that PayPal will be split off from eBay.
PayPal's success in users and volumes was the product of a three-phase strategy described by former eBay CEO Meg Whitman: "First, PayPal focused on expanding its service among eBay users in the US. Second, we began expanding PayPal to eBay's international sites. And third, we started to build PayPal's business off eBay." [136]
Internet auction king eBay released its earnings for the fourth quarter of 2013 on Jan. 23. Once more, the company reported a great quarter. Annual revenue growth came in at 14%, while earnings ...
Source: Twitter. eBay vs. Icahn - Round 3 As you can imagine, Carl Icahn's shadow loomed large over eBay's initial proxy statement. Proxy statement's typically don't make for the most exciting ...
eBay executives have found themselves in a nasty fight with billionaire activist Carl Icahn regarding a split of the business' two key segments: PayPal and Marketplace. It's no secret that eBay's ...
The following video is part of our daily MarketFoolery podcast, in which host Chris Hill and advisors Ron Gross and Joe Magyer discuss the latest business news. Today the guys discuss eBay's ...
The following video is part of our "Motley Fool Conversations" series, in which advisor Andy Cross and analyst Bryan White discuss topics across the investing world.Andy and Bryan discuss three ...
Don't look now, but investors have been quietly bidding up the price of eBay (EBAY). Back in 2004, the online auction site was a cultural phenomenon and a profit machine. eBay's stock price rose ...