ebay to consider splitting its fast-growing payment Services Department PayPal

Abstract: According to people familiar with the matter, EBay considered the earliest next year to split its fast-growing payment services department PayPal. After the news, ebay stocks rose nearly 4% in Thursday, reaching $55.48 a share. David Marcos (David Marcus) in June this year

According to people familiar with the matter, ebay considered the earliest next year to split its fast-growing payment services department PayPal.

After the news, ebay stocks rose nearly 4% in Thursday, reaching $55.48 a share.

David Marcos (David Marcus), the chief executive of the PayPal division, has been vacant since his resignation this June. According to media reports, ebay has told the PayPal department may be split out of the news that may take over the CEO of PayPal executives.

Splitting PayPal means ebay has completely changed its mind. John Donahoe, ebay's chief executive, had previously rebuffed a proposal by activist investor Icahn, Carl Icahn, to split PayPal, insisting that PayPal was an integral part of ebay and that the Johandonaho was meaningless.

"The board will continue to assess all possible options and the ultimate goal is to create long-term value and enhance the growth and competitiveness of ebay and PayPal," said ebay spokeswoman Amandamil Amanda Miller. ”

It is not clear whether ebay has made up its mind to split the PayPal part or to the full part, and it is unclear what kind of structure will remain.

Icahn withdrew his offer in April, saying that while he supported the break-up of PayPal in the short term, it was not the right time. (Lin Jingdong)