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eBay To Stop Offering PayPal as Payment Option On Alibaba Site

   
5:09 pm on Jun 3, 2011 (gmt 0)

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eBay To Stop Offering PayPal as Payment Option On Alibaba Site [news.idg.no]
EBay's PayPal will no longer be a payment option on a site run by Chinese e-commerce giant Alibaba Group, a sign that cooperation between the two companies may be cooling.

PayPal announced on its blog Friday that after August 3, the company will halt its services on AliExpress, a wholesale supplier site that Alibaba launched last year. PayPal did not address the reasons for the move in the blog post, and only said the decision was made after evaluating the company's programs and partnerships to improve its services. PayPal could not be reached for immediate comment.

 

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