PayPal spin-off may tempt Google

Any possible sale of either PayPal or EBay will be watched closely in Dublin and Dundalk, where the two employ almost 3,000 staff.

PayPal spin-off may tempt Google
Thu, 02 Oct, 2014 - 01:00

In June, PayPal announced 400 new Irish jobs, which followed on from the 1,000 jobs announced in 2012.

EBay announced yesterday that it was spinning off the PayPal payment-services business from its EBay online marketplaces, to unlock value at a $70bn (€56bn) company whose valuation has been sagging lately.

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CourtsPlace: DublinPlace: DundalkPlace: San Jose, CaliforniaPlace: USPerson: Gene MunsterPerson: Daniel JohnsonPerson: JohnsonOrganisation: PaypalOrganisation: GoogleOrganisation: eBayOrganisation: AlibabaOrganisation: AppleOrganisation: Apple PayOrganisation: Piper JaffrayOrganisation: River Road Asset ManagementOrganisation: Bloomberg
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