PayPal Looks for More Strategic Investments After Uber Deal
By Editor - Tue Jun 11, 11:36 am
PayPal agreed to buy Uber’s stock in a private placement in April, prior to the ride-hailing giant’s initial public offering. Dan Schulman said the payments company is a long-term investor, and was still keen on building new products with Uber. “We’re not investment bankers, we’re investors in relationships,” Schulman said.
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