The Business Times
SUBSCRIBERS

PayPal, eBay Q4 earnings validate pressure to split the companies

PayPal's revenue beats analysts' forecasts; eBay's sales stall as shoppers go elsewhere during holiday season

google-preferred-sourceAdd BT as a preferred source
Published Thu, Jan 28, 2016 · 09:50 PM

    Seattle

    PAYPAL Holdings Inc wooed investors by increasing its customer base and transaction volume, while former parent company eBay Inc disappointed with declining sales on its core online marketplace.

    The divergent earnings results reported on Wednesday validated activist investor Carl Icahn's push to split the companies and unlock the growth potential of PayPal, which he called the "jewel" of the business.

    PayPaleBay

    Share with us your feedback on BT's products and services

    Feedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More