OT: Ebay / Pay Pal to split is it because of Alibaba.com?

[Omega-TI]

Is Pay Pal taking proactive measures to protect the stock value in it's financial services division against a probable future decline in value of eBay once Alibaba.com gets more of a foothold?

 

Alibaba, the Chinese concern is apparently larger than Amazon.com and eBay put together. Hell, you can even get a TI-99/4A through them too! << EXAMPLE >>

 

While eBay did help in the rise of Pay Pal, Pay Pal is pretty much everywhere now and could survive quite easily without eBay. It looks like a solid move to me.

 

Opinions? Comments?

[Albert]

This should probably go in one of the Off Topic forums...

[Omega-TI]

This should probably go in one of the Off Topic forums...

 

I suppose you're right, even with the TI-99/4A tie-in. Go ahead and move it if you like.

[Shawn]

I would have to say no as I had never heard of that site until you just posted this.

[moijk]

Now that is an all American attitude. To quote businessinsider : In 2013, two of Alibaba’s websites handled $240 billion in sales. That's double the size of Amazon, triple the size of eBay, and one-third more than the two competitor companies combined.

[bojay1997]

Now that is an all American attitude. To quote businessinsider : In 2013, two of Alibaba’s websites handled $240 billion in sales. That's double the size of Amazon, triple the size of eBay, and one-third more than the two competitor companies combined.

So what? There are plenty of large corporations all over the world that have no presence in the United States or Western Europe. While Alibaba has gotten a lot of coverage in the media lately, it's mostly because of the fact that Yahoo owns a stake and the IPO was the largest on record. Alibaba is a long way away from breaking into the US market and has little relevance to most Americans right now nor should it have much relevance.

 

As for the OP, I believe this has little to do with Alibaba and more to do with the fact that Paypal wants to become more diversified in payment handling which is a direct response to new services like Apple Pay and the encroachment of companies like Sqaure and others doing low cost payment processing for merchants.

[Shawn]

So what? There are plenty of large corporations all over the world that have no presence in the United States or Western Europe. While Alibaba has gotten a lot of coverage in the media lately, it's mostly because of the fact that Yahoo owns a stake and the IPO was the largest on record. Alibaba is a long way away from breaking into the US market and has little relevance to most Americans right now nor should it have much relevance.

 

As for the OP, I believe this has little to do with Alibaba and more to do with the fact that Paypal wants to become more diversified in payment handling which is a direct response to new services like Apple Pay and the encroachment of companies like Sqaure and others doing low cost payment processing for merchants.

 

That square payment thing seems to have caught on like wildfire. I wonder if paypal is gonna try and become a "real" bank again? They tried before and got shot down hard from what I recall.