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Folks now is not the time to throw in the towel. Trump or not on the 20th WE MUST STAND UP. All it takes for evil to prevail is good men to do nothing. (media.patriots.win)
posted ago by TrumpTrainChoooChoo2 ago by TrumpTrainChoooChoo2 +1770 / -1
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▲ 11 ▼
– arkivx 11 points ago +11 / -0

I read yesterday that PayPal is now 100% owned by the Chinese.

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▲ 5 ▼
– TrumpTrainChoooChoo2 [S] 5 points ago +5 / -0

PayPal is owned by EBay, a publicly traded company.

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▲ 9 ▼
– arkivx 9 points ago +10 / -1

And it's 100% owned by the Chinese.

https://web.archive.org/web/20210112002843/https://www.globaltimes.cn/page/202101/1212506.shtml

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▲ 7 ▼
– TrumpTrainChoooChoo2 [S] 7 points ago +7 / -0

That says that PayPal bought a 100% stake of a Chinese payment processor and are the first foreign owned payment processor to operate in China....meaning that all other payment processors operating in China are owned by the Chinese....and PayPal is Is owned. The title of the article is poorly worded.

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▲ 6 ▼
– NormalCupcake 6 points ago +6 / -0

You have to ask what agreement Paypal made with the ChiComs to buy one of their "companies". Being given access to Chinese markets comes at a cost.

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▲ 2 ▼
– arkivx 2 points ago +2 / -0

I see what you mean.

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▲ 2 ▼
– BostonVoter 2 points ago +2 / -0

They separated 7 years ago ?

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▲ 2 ▼
– BostonVoter 2 points ago +2 / -0

In 2015, eBay spun off PayPal to eBay's shareholders.

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