Today, eBay Inc. announced it will create two independent public companies—eBay and PayPal—in the second half of 2015. This will ensure each business is best able to serve its customers’ needs and thrive well into the future. You can read more about it here at ebayinc.com.
The creation of independent eBay and PayPal businesses will take up to 12 months to complete so this has no immediate impact on your account. Likewise, you can continue to count on everything you expect from eBay today. Innovation, value, trust, selection, and global reach will remain central to our business. And we will continue to work closely with PayPal to ensure payments remain a seamless part of the eBay experience.
As an active customer, you help make eBay what it is. eBay has always been more than a store. It is a community of people—buyers and sellers—connecting around the world. Thank you for being part of this amazing community. As we begin this next chapter of the eBay story, you have our commitment to make sure people like you remain at the heart of everything we do.
We are excited by the opportunity ahead and look forward to working with you in the future.