CEO: PayPal is eager to do more Uber-like investments, despite losing $26.5M in its IPO

//CEO: PayPal is eager to do more Uber-like investments, despite losing $26.5M in its IPO

CEO: PayPal is eager to do more Uber-like investments, despite losing $26.5M in its IPO

San Jose-based online payments company PayPal Holdings Inc. is open to making additional strategic investments with its customers, despite losing $26.5 million on its most recent mega-investment with Uber, PayPal CEO Dan Schulman said Tuesday at a Bloomberg conference in London. “We’re not investment bankers, we’re investors in relationships,” Schulman said. “We’d do something like that all day long.” In mid-April, on the eve of the Uber Technologies Inc. IPO, PayPal inked a deal…

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By | 2019-06-11T21:41:27+00:00 June 11th, 2019|Economics|

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