John Donahoe, eBay’s CEO, has confirmed that the company is building a digital wallet for PayPal that can take multiple types of currency.
Speaking to Bloomberg, Donahoe dismissed calls made by activist and investor Carl Icahn, who recently called for PayPal to be spun off into an independent company. Donahoe disagreed, believing PayPal and eBay should stay just the way they are.
No spin, no spin-off
“Mobile is the most important platform shift that has happened arguably in the last decade. When mobile first started no-one would have downloaded a PayPal mobile app,” he said.