Subscribe
Business

A look at eBay and PayPal

By The Associated Press
Published
Add Washington Examiner on Google

E-commerce company eBay said Tuesday that it is spinning off its mobile payment service PayPal into a separate and publicly traded company next year.

The companies have been intertwined since eBay bought PayPal 12 years ago for $1.3 billion. Ebay connects buyers and sellers, and both can use PayPal to make or accept payments.

Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.