PayPal Makes Venmo a Separate Business Unit

PayPal has announced that it will make Venmo a separate business unit, a move aimed at boosting growth and potentially attracting buyers. This strategic decision comes as CEO Alex Chriss looks to revitalize the company's performance.

29 Apr, 18:15 — 29 Apr, 18:15

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cnbcMostly Factual7h ago

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

PayPal is betting that a new corporate structure can reignite growth at a company that has lost ground to Apple, Google and Stripe in the e-commerce battle.

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First report: cnbc · 29 Apr, 18:15|Full coverage: 3 · 3h|Window: 3h

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cnbc29 Apr, 18:15First to report

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

channel-news-asia29 Apr, 18:31

PayPal makes Venmo a separate unit

2h later

Reuters29 Apr, 20:45Latest update

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PayPal Makes Venmo a Separate Business Unit

Sources

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

Coverage Timeline

PayPal's new CEO makes Venmo a standalone business unit as potential buyers circle

PayPal makes Venmo a separate unit

PayPal makes Venmo a separate unit as CEO Lores looks to boost growth - Reuters

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