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PayPal to trade on Nasdaq after eBay split
San Jose, Calif. – In one more sign the long-discussed eBay-PayPal split is really on its way, PayPal has announced it will trade on the Nasdaq stock exchange under the symbol “PYPL” once it is spun off from parent company eBay. PayPal was initially founded as an independent company in 1998 and joined eBay in 2002.
PayPal intends to become a platform for a world in which all commerce is performed digitally.
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Shoes.com’s Q1 gross revenue up 89% amid repeat traffic
Vancouver -- Fast-growing Canadian online footwear retailer Shoes.com has reported record first quarter. In its first quarterly financial report since consolidating three online businesses under one platform, the company reported an increase in gross revenue of 89% to $60 million and a 129% increase in revenue from repeat customers.
Gross profit margins remained robust at 44%.

