Paypal will be publically traded, so on Wall Street. Thats never a good thing imho, for consumers
They've been talking about it for years - the shoe has finally dropped.
Probably a good move for PP from a business standpoint. Separating from eBay will give them more reach in the general market. Not sure what advantage eBay gets but maybe we'll see some additional payment options in the future such as Etsy's direct checkout. Their stock went up 6 points after the announcement.
As for Wall Street, we have that now so nothing changes.
Probably a good move for PP from a business standpoint. Separating from eBay will give them more reach in the general market. Not sure what advantage eBay gets but maybe we'll see some additional payment options in the future such as Etsy's direct checkout. Their stock went up 6 points after the announcement.
As for Wall Street, we have that now so nothing changes.
You all might want to read this one:
http://www.ecommercebytes.com/cab/abn/y14/m10/i01/s01
That is one way to clear the boards (finances that is). Hold on to your hats, it could get to be a bumpy ride.
Sandy....WOW .....just wondering HOW that happened to have that kind of debt...one acquisition too many??? and is that debt really that high...
is any part of that debt PayPal
PayPal gets their fees right away......I never understood why Ebay didnt have their fees paid on sales and just collected them monthly
the stores are different and listing fees are different..that should be monthly .....i just wonder when they changed the store structures if they lost a bit right away and then in the long run
and policy changes
they may need to start advertising the OLD eBay is Back...but better
as far as i am concerned...eBay is the little engine that could
weather the storm but dont have eBay sold to someone else
I would imagine that part of that debt is paypals. I think a sell off of eBay could very well be right around the corner, otherwise good old Donahue wouldn't be positioning himself the way he is. JMHO But I have seen this type of thing before and without exception the current CEO does not remain and is positioned to be on "both" companies boards. But we will just have to wait and see.
I certainly do smell a sale of eBay coming within the next couple of years - and the buyer I see is likely Alibaba, or at least a Jack Ma headed consortium of some sort. (I don't like the idea, but in fairness I'm forced to admit it might not be that bad - I know a couple of people who have opened shops on Eleven Main and they seem to be doing well.)
Interestingly, a Reuters article about the proposed split mentioned that eBay's financial advisor is Goldman Sachs. That pretty much explains all the nonsense we've had to put up with all this time!
Interestingly, a Reuters article about the proposed split mentioned that eBay's financial advisor is Goldman Sachs. That pretty much explains all the nonsense we've had to put up with all this time!
