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PayPal and who owns it?
Palo Alto, Calif.-based PayPal Holdings, Inc. (PAL) is a global monetary innovation business that operates a web-based installment stage in most of the nations that empower online cash moves, giving a web-based option in contrast to the conventional paper techniques, for example, checks and cash orders. The firm charges an expense to go about as an installment door for online venders, closeout locales, and an assortment of other business clients.
The answer is a definitive no.
Starting in 2022, PayPal will be under the control of eBay. This change will occur as a result of PayPal’s acquisition by eBay in 2002. The move was made to ensure that PayPal would remain an autonomous firm and not be subject to the whims of eBay’s investors.
eBay Subsidiaries
- PayPal
- eBay Motors
- eBay China
- eBay Japan
- eBay Spain
Conclusion
PayPal is an online payment company that emerged in 1998 as Confinity and merged into eBay in 2002. It has worked as an independent firm since 2005.
