Paypal’s New CEO Makes Venmo a Standalone Business Unit as Potential Buyers Circle
CNBC
"PayPal is separating Venmo into its own standalone unit for the first time, part of a broader reorganization that creates three distinct segments, CNBC has learned exclusively. The restructuring comes as PayPal faces takeover interest from potential buyers, including Stripe, with Venmo considered the company’s most valuable and most acquirable asset."
