eBay To Spin Off PayPal

[DEAD7]

In 2002, eBay bought PayPal for $1.5 billion in stock. Nowadays, PayPal's yearly revenues exceed $7 billion, and investors are worried that eBay and PayPal together are too big to compete effectively. (They're also too big to be acquired, which is on their minds after the ludicrously successful Alibaba IPO.) To solve that problem, eBay today announced it will be spinning off PayPal in 2015, creating two separate publicly traded companies. eBay's current CEO is stepping down, and each of the companies will have a new CEO. "As part of the separation, eBay and PayPal will sign arm’s length commercial operating agreements to work together, with payments on both sides for various referrals and services. That’s no surprise since about 30 percent of PayPal’s business is still on eBay, although that is down from 50 percent only a few years ago."

 

[无名的]

Both companies can eat shyt and die. Most worthless companies ever.

 

[L&HH]

I just got banned by eBay a month ago on two accounts. Paypal got half a stack of mine stuck in account of mine that was banned back in April that I can't get until October. fukk both of them nikkas

 

[jdubnyce]

I just got banned by eBay a month ago on two accounts. Paypal got half a stack of mine stuck in account of mine that was banned back in April that I can't get until October. fukk both of them nikkas

I've never used paypal what am i missing?

 

[L&HH]

I've never used paypal what am i missing?

The problems with both eBay and Paypal:

They pretty much always side with the buyer in disputes.
Once you start reaching a transaction threshold [extremely arbitrary] paypal will straight up limit our account and won't allow you to sell shyt anymore unless you provide all types of information
Fees on top of fees...some ppl have dubbed it FeeBay

There's others that I don't feel like typing out but that's the gist of it

 

[ADevilYouKhow]

last hurrah before they're bought out/worthless

 

[TRFG]

The ebay boys adopting Bitcoin, brehs

 

[CrimsonTider]

Both companies can eat shyt and die. Most worthless companies ever.

Naw your company is more worthless

 

[Swirv]

The problems with both eBay and Paypal:

They pretty much always side with the buyer in disputes.
Once you start reaching a transaction threshold [extremely arbitrary] paypal will straight up limit our account and won't allow you to sell shyt anymore unless you provide all types of information
Fees on top of fees...some ppl have dubbed it FeeBay

There's others that I don't feel like typing out but that's the gist of it

I sold a phone on ebay which was later found to be stolen and I didnt have to reimburse the buyer any money since I did not know it was stolen. The fees do take a chunk out of profits so I try to stick with craigslist but specialty items always go on ebay.

 

[Kritic]

The problems with both eBay and Paypal:

They pretty much always side with the buyer in disputes.
Once you start reaching a transaction threshold [extremely arbitrary] paypal will straight up limit our account and won't allow you to sell shyt anymore unless you provide all types of information
Fees on top of fees...some ppl have dubbed it FeeBay

There's others that I don't feel like typing out but that's the gist of it

if it's your account what's the problem? provide the information.

all you have to do is just call them up anyway and they'll ask you a few questions and lift the limits without providing any information.

 

[Kritic]

The ebay boys adopting Bitcoin, brehs

probably getting ready to tackle alibaba more than bitcoin.. but i don't know...

 

[Kritic]

I sold a phone on ebay which was later found to be stolen and I didnt have to reimburse the buyer any money since I did not know it was stolen. The fees do take a chunk out of profits so I try to stick with craigslist but specialty items always go on ebay.

i've sold quite a few phones the last month and one zero feedback user contacted me and said the esn isn't found on verizon and wants to return the phone for his money back. i don't usually deal with zero feedback users but the phone was sitting for a while and he paid...
i told him to send it back but he never did..

phones have been a hard sale lately because the price of s3's dropped. and ebay-apple have had deals with 4's and 4s's.

there is a way to deal with fraudulent buyers but i wouldn't put that on the net

 

[Kritic]

I just got banned by eBay a month ago on two accounts. Paypal got half a stack of mine stuck in account of mine that was banned back in April that I can't get until October. fukk both of them nikkas

you never get your accounts banned. you take a lawse before you get your account banned.

there are ways to immediately get back on if you get got

 

[Kritic]

In 2002, eBay bought PayPal for $1.5 billion in stock. Nowadays, PayPal's yearly revenues exceed $7 billion, and investors are worried that eBay and PayPal together are too big to compete effectively. (They're also too big to be acquired, which is on their minds after the ludicrously successful Alibaba IPO.) To solve that problem, eBay today announced it will be spinning off PayPal in 2015, creating two separate publicly traded companies. eBay's current CEO is stepping down, and each of the companies will have a new CEO. "As part of the separation, eBay and PayPal will sign arm’s length commercial operating agreements to work together, with payments on both sides for various referrals and services. That’s no surprise since about 30 percent of PayPal’s business is still on eBay, although that is down from 50 percent only a few years ago."

paypal proably wants to get on amazon and alibaba.

i don't see why ebay had to "let them go" to do it. paypal is ebay's main revenue stream. ebay have a roughly 10% fee and paypal 2% but make more money off paypal than ebay

 

[theworldismine13]

paypal proably wants to get on amazon and alibaba.

i don't see why ebay had to "let them go" to do it. paypal is ebay's main revenue stream. ebay have a roughly 10% fee and paypal 2% but make more money off paypal than ebay

it was because paypal missed out on Apple pay, other corps dont want to deal with ebay just to get paypal, paypal was going to miss out on a lot of things being under ebay