Tag Archives: Paypal
PayPal and SOFTBANK announced today that the two companies plan to establish a joint 50:50 venture company, “PayPal Japan”, to build a digital payments business in order to build the future of commerce in Japan. Both companies planning to invest equally in the joint venture the amount of JPY1 billion (about $12.5 million) each, with representing an aggregate investment...
Global commerce platform and payments leader eBay has reported that revenue for the first quarter ended March 31, 2012, increased 29% to $3.3 billion, compared to the same period of 2011. The company reported first quarter net income on a GAAP basis of $570 million, or $0.44 per diluted share, and non-GAAP net income of $725 million, or $0.55 per diluted share. The year-over-year...