PayPal’s Value Skyrockets after Split from eBay
On July 20, PayPal officially split off from eBay, making it an independent public company trading on the Nasdaq Stock Market (PYPL). Within hours, PayPal was valued at $49.5 billion – more than eBay, Netflix and Twitter, according to Business Insider and Statista. The company celebrated the move with the historic pushing of the PayPal button to ring the opening bell at Nasdaq last Monday. “As the world’s open, digital payments platform and most trusted and
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