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svea a. herbst

Svea A. Herbst

A PayPal card sits at a cashier station at a Home Depot store in Daly City, California, February 21, 2012. (Photo: Reuters)

eBay follows Carl Icahn's advice, plans PayPal spin off in 2015

by Liana B. Baker |Oct 1, 2014

The spinoff will separate the payment business - which contributes a little over 40 per cent to eBay's revenue - from its marketplaces and enterprise businesses.