eBay Agrees To Purchase Braintree For $800MVW Staff
Ebay Inc (NASDAQ:EBAY) has agreed to purchase Paypal rival Braintree this morning for $800 million. Braintree offers an online payments processor similar to Paypal, but it is more functional on smartphones and tablets. Paypal has fallen behind some rivals in this area in recent years, and the Braintree acquisition should help to shore up the company's offerings.
exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible