We know that the eBay and the PayPal are two great companies with superior global positions in the commerce side and the payments and therefore this was said by the President and the CEO of eBay Inc.  For more than a decade eBay company and the PayPal have together benefited from existence part of one firm, therefore by creating the important investor value. However, a complete strategic review of the both companies with our board displays that charging the eBay and the PayPal composed beyond the year of 2015 which clearly evolve into less favorable to each company strategically and also competitively. The firm countryside is changing into different, and each company faces various competitive chances and the challenges.

The eBay and the PayPal companies will be double-crosser and stronger, and therefore hey said to more focused on its work and willing to oppose as the leading and the standalone firms in their particular markets. As the independent firms, the eBay and the PayPal will enjoy and therefore added the adaptability to follow the new market and the partnership chances. And the companies are confident by coming a thorough the evaluation of the relationships between the eBay and the PayPal that causing to function to the agreements which can keep up the cooperation going forward. The company board and the management team rely on that putting the eBay and the PayPal firms on independent ways in the year of 2015 are best for each company and will make the additional value for our owners.

As the firm has previously established, the board of the eBay company of directors has a practice off as a matter of usual practicing the reviewing of the growth of the company strategies and structure, and determine all the alternatives. As part of such evaluation, the board usually surveys the following questions and they are mentioned below.

• Will isolation make the eBay and the PayPal companies more competitive?
• Will isolation be attainable without confusing the innovation and the execution?
• And, will isolation make sustainable value for owners over time?

The future of both companies:

The firm believes strongly in finishing the transaction as a tax-free spin-offshoot in the second half of the year 2015, subject to the market, supervisory and certain other conditions for the eBay company and this was said by the President and the CEO John Donahoe and the firm CFO Bob Swan will be in charge of leading the isolation of each business, with company which are in oversight. This contains by deciding the suitable management and capital structures for both companies of eBay and the PayPal, and setting in place suitable operating agreements. Neither the Donahoe nor the Swan will have an executive business management role in the unique eBay and the PayPal companies. But to assure the continuity, they each believe strongly to serve on one company or both company of the boards of the two firms.

The new eBay company:

Devin Wenig is the present president of the eBay shopping place and therefore he will become CEO of the new eBay firm. As the CEO of eBay Company, Wenig will lead the eBay shopping place and the eBay Enterprise businesses. Revenue of the company for the last twelve months of the year for these two companies which grew approximately 10 percent year-over-year to 9.9 billion dollars, with the eBay Marketplaces and therefore by which keeping financial accounts for about 8.7 billion dollars. The both eBay Marketplaces and the eBay Enterprise are as a whole managed approximately 85 billion dollars of the gross merchandise amount and the gross merchandise of sales, which grew 14 percent year over the year. Scott Schenkel, presently the CFO of the eBay shopping place will evolve into the CFO of the latest eBay company. A world commerce leader with 150million active shoppers, the eBay is one of the top 30 global brands around the world and a top 10 retail world brand of products.

Therefore offering users worldwide strange and wonderful value and therefore the selection, the eBay company has more than 689 million live listings at any given time by the user, and around 75 percent of the sold items are new products. The eBay company also is a leader in developing competitive battlefields such as mobile phones and cross-border buying and selling. The eBay has a set up mobile base of 200 million applications, generating 20 billion dollars in mobile phone volume. The Cross-border by buying and selling which represents the 20 percent of gross merchandise of eBay volume and 60 percent of the Marketplaces total cost value are international.

The eBay company has been a generating innovator in the global of buying and selling for almost 20 years and it’s an amazingly special business and it was by the Donahoe. Since joining the eBay company over the three years ago, Devin has established facts to be an irregular global leader and therefore operating executive. The CEO is steadily improving the unique assets of the eBay Company and the capabilities and therefore by creating new buying and selling experiences to make sure the long-term growth and commerce leadership. He will make a good CEO of the eBay company.

The new PayPal Company:

Simultaneous with the announcement of the company isolation plan, the firm also today made widely known the prearranged meeting of Dan Schulman to be President of the PayPal Company, effective immediately, and CEO-designee of the standalone PayPal Company by following the isolation. Schulman joins the PayPal Company from the American Express, where he was the president of the Enterprise Growth Group of the company. An experienced leader in diversified industries, Schulman has held the senior executive of the company and the CEO roles at the AT&T, Priceline and the new Mobile, earlier to joining the American Express.

Donahoe said that, as both the leading world technology application and a financial service of the company, the PayPal needs a diverse composite of the leadership skills and operating knowledge in its president and the future CEO of the company.

Dan has a establish facts that track the record of chief complex technology companies at the scale, driving enable growth and to knowing how to creativity to drive the competitive benefits and deliver irresistible experiences for the users.

Therefore the total payments capacity over the last 12 months and which is increased by 26 percent to 203 billion dollars which giving the shopkeepers and the users worldwide a much faster, safer way to the pay amount and be paid by the user.

PayPal Company is fully localized in 25 currencies and it is available over 203 markets around the world and it has the relationships with 14,400 financial institutions respectively. A representative of its universal reach the PayPal is said to be the world No. 1 payments processor for the company to the user sell or trade abroad for the Chinese merchants. With obtaining or receiving such as Braintree and its latest One Touch mobile amount payments experience, the PayPal continues to point and become creative in the mobile payments process. One Touch is the first and only sole touch payments experience among the industry. PayPal Company processed 27 billion dollars in the mobile phone fee and volume in the year of 2013. PayPal Company believes strongly to process over 1 billion mobile transactions in the year 2014.

Author Bio: Anand Rajendran is the Co-Founder and CEO of Zoplay a well known Software products development and Mobile App Development Company based in Chennai, India. He has extensive experience in building and leading innovative and collaborative software development teams to deliver major software applications like Zobay an Ebay Clone script developed by Zoplay. He loves exploring new things and sharing his knowledge with others.