Published 2 years ago

How eBay's new CEO turned it into a pandemic winner

Summary by Ground News

Ebay CEO Jamie Iannone talks about the company's transformation into an enthusiast-focused retailer. Shares of eBay have surged more than 30% this year, while PayPal has stumbled more than 20%. PayPal, which now lets people buy and sell bitcoin, has been subject to the volatility in the cryptocurrency market.

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How eBay's new CEO turned it into a pandemic winner

When PayPal split off from eBay a few years ago, eBay was considered to be the less exciting company. But that's certainly not the case on Wall Street this year.

2 years ago·Atlanta, United States

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KVIA

How eBay's new CEO turned it into a pandemic winner

By Paul R. La Monica, CNN BusinessWhen PayPal split off from eBay a few years ago, eBay was considered to be the less exciting company. But that’s certainly not the case on Wall Street this year.Shares of eBay have surged more than 30% this year, while PayPal has stumbled more than 20%.The companies have had a wildly different 2021. PayPal, which now lets people buy and sell bitcoin, has been subject to the volatility in the cryptocurrency marke…

2 years ago·Panama City, United States

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