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PayPal Revenue Surpasses EBay Marketplaces As Spinoff Nears

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PayPal is ready to go its own way. Revenue for PayPal exceeded that of its sister unit, eBay Marketplaces, for the first time in 1Q, it was revealed in yesterday’s earnings call for eBay Inc. PayPal posted $2.1 billion on the quarter, compared with $2.06 for Marketplaces. PayPal’s revenue was 14% higher thanRead More

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