fintech / news / / The Manila Times
PayPal will reorganize its business into three operating units, including a separate Venmo-focused division.
PayPal is reorganizing into three units, including a newly standalone Venmo division.
KEY POINTS
- Venmo's separation enables easier performance tracking and potential sale, according to CNBC.
- Stripe was previously reported by Bloomberg to consider acquiring PayPal or select assets.
- PayPal will disclose further restructuring details during its upcoming earnings call.
COMPANIES
Summarized by Newsio from The Manila Times. How we summarize →