Ebay and PayPal splitting up
It seems Ebay and PayPal will no longer be working under the same headquarters. Ebay has just announced it is splitting up Ebay and PayPal into two different, independent companies.
But why? Ebay seems t believe both sectors can grow much faster and better if they work independently. There seem to be enormous opportunities in front of them, and being together harms more than it could help.
Opinion: The digital world is changing, with companies like Google, Visa, American Express and even Apple jumping into the online currency world. PayPal probably needs to go away from Ebay’s umbrella in order to keep up with this fast-moving industry.
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