Ebay Will Split Paypal In The Second Half Of Next Year.

October 1st, according to The Verge reports, in order to adapt to the "rapidly changing global trade and payment environment", the e-commerce platform eBay announced today that it plans to split its business into two independent companies: eBay and PayPal.

EBay said that the two companies are facing "huge opportunities". Stripping PayPay will help them seize these opportunities as soon as possible.

Devin Wenig Wenig, the current eBay global market leader, will be the chief executive of new eBay after the restructuring of the two companies in the second half of next year; Dan Suleman Express, executive director of American Express Company (Dan Schulman), has now become the new president of PayPal, and will be the CEO of new PayPal after the reorganization of Devin.

EBay has been focused on

Field, and

The goal is to be the leader of online payment.

Carl Icahn, a radical investor, has been publicly and behind the scenes promoting the breakup of the two companies. Now his wishes come true.

The eBay board seems to agree that the two companies operate independently and produce better results.

according to

Data show that the current consumer online pactions of $6 per US $1 is completed through PayPal.

The company hopes that PayPal can continue to expand this proportion as an independent intermediate payment provider.

Related links:

With the vigorous development of China's electricity supplier industry, the international luxury brand has begun to "deregulation" on the licensing of e-commerce.

Reporter recently learned from the show network, the show network has won the German luxury brand HUGO BOSS's formal authorization, this is also the third international brand authorized to China's electric business, after the show network obtained Ferragamo authorization, Tmall is Burberry's authorized object.

Luxury goods providers' "selling holiday" and "no commodity licensing" have always been the focus of consumer complaints.

The electricity supplier has no authorization to sell luxury goods, which has become the industry's hidden rules. This phenomenon also directly leads to the online shopping market of luxury goods.

In order to win the authorization of luxury brands, luxury electric providers have made positive efforts, but this "road to empowerment" is still very difficult.

Insiders say that the licensing conditions for luxury goods are also very harsh. Some brands require the price of online products to be the same as those of offline stores. This undoubtedly weakens the competitiveness of e-commerce providers.

In addition, luxury brands generally believe that e-commerce platform is difficult to display brand charm and considerate service as consumers.

Insiders pointed out that at present, the main source of supply of electric business comes from the agents, distributors and buyers living abroad.

These sources ensure 100% of the genuine products, but they must be bought out.

Despite the loosening, most luxury brands are still waiting for the authorization of the electricity supplier. Many of the world's top luxury brands including Louis Vuitton, Armani, Gucci and Prada have indicated that they have never authorized any domestic e-commerce website to sell their products online.

These brands will not provide any inspection requirements for online shopping luxury goods and after-sales service, global quality assurance and other services.