Is PayPal still owned by eBay?

PayPal Holdings, Inc. is an American multinational corporation headquartered in San Jose, California, that specializes in online payment processing, digital currency and blockchain technology. eBay Inc. originally acquired PayPal in 2002 for $1.5 billion, and then sold it to eBay’s current owners, PayPal Holdings, Inc.

, in 2013. However, the sale was met with criticism from users who believed that PayPal would be handed over to eBay’s competitors. As of July 2017, PayPal Holdings, Inc. is still owned by eBay.

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