eBay will acquire PayPal for US$1.5 billion in stock, the two companies announced today. eBay transactions already consist of about 60 percent of PayPal’s business, which competes with eBay’s rival BidPay payment system.
eBay will acquire PayPal for US$1.5 billion in stock, the two companies announced today. eBay transactions already consist of about 60 percent of PayPal’s business, which competes with eBay’s rival BidPay payment system.