PayPal Shares Hit a New High Friday, but Ex-Parent eBay Is Struggling
In this segment of the Motley Fool Money podcast, host Chris Hill, Million Dollar Portfolio's Jason Moser and Matt Argersinger, and Total Income's Ron Gross check in on the war on cash, as technology appears to be gaining ground.
The power of PayPal Holdings' (NASDAQ: PYPL) network, and the popularity of its various payment methods, keep luring in more money, more people, more purchases -- along with way more mobile action -- to the platform. In contrast, eBay (NASDAQ: EBAY), which spun PayPal off two years ago, is not attracting more users. The third-party sellers who are its bread and butter are more often heading over to Amazon.com (NASDAQ: AMZN).
A full transcript follows the video.
Source: Fool.com
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