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PayPal Reorganizes to Make Venmo Standalone Unit
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PayPal Reorganizes to Make Venmo Standalone Unit

The Information·Ann Gehan·about 1 month ago
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PayPal is reorganizing its corporate structure to make Venmo a standalone business unit, CNBC reported Wednesday, making it easier to potentially sell off. Venmo is considered to be the most valuable part of PayPal’s business because of its consumer base of around 100 million and its growth potential. PayPal shares have declined nearly 80% over the past five years, and competitors like rival

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