Ebay and Paypal are splitting into separate entities – a divorce that is expected to make tech investors happy.<br /><br /> Shares in the newly spun-off PayPal will be listed on New York’s NASDAQ exchange from Monday (20 July).<br /><br /> Ebay bought the digital payment service for 1.5 billion dollars in 2012, but PayPal is now the bigger and stronger of the two.<br /><br /> Analyst Scott Kessler, of S&P Capital, <br />said he believes Ebay “suddenly is going to be a much slower growth company and I think you could perhaps see some folks taking a greater interest in PayPal, the publicly-traded company, than Ebay.”<br /><br /> Ebay is facing touch competition from Amazon and other online retailers that have eaten up much of the market share lost by high street shops.<br /><br /> Despite long being Ebay’s fastest growing segment, PayPal will have challenges of its own – competing with the rise of rival mobile payment systems, particularly from Apple and Google.
