22.08.2014 - PayPal can separate from eBay
On the market appeared information on the possible separation of PayPal as an independent business. Given the impressive turnover of the payment system, as well as the fact that the system is used not only by customers of eBay, such a move might lead to a sharp increase in the company's customers number and therefore to an increase in revenue. Against the background of such information, the stock eBay rose 4.66% yesterday and will probably continue to rise in case of the separation of the payment system as a separate company. Considering steady growth of e-commerce segment, we recommend buying eBay with a growth potential of up to 30% for the year.