eBay considering PayPal spinoff: report

UNDER CONSIDERATION: eBay Inc is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources. — Reuters

eBay Inc is considering a spinoff of PayPal, its fast-growing payments unit, as soon as next year, tech news website The Information reported, citing sources. 

Shares of the online retailer jumped nearly 4% to US$55.48 (RM175.57) at midday. 

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