eBay終會(huì)拆分PayPal?.

　　當(dāng)維權(quán)投資者卡爾.伊坎在年初提議ebay拆分支付業(yè)務(wù)PayPal時(shí)，ebay激烈抵制。但有消息稱(chēng)，經(jīng)過(guò)長(zhǎng)時(shí)間的對(duì)峙后，ebay已開(kāi)始切實(shí)考慮拆分PayPal以釋放其市場(chǎng)潛力。ebay此舉有自食其言之嫌。那些熱愛(ài)英語(yǔ)學(xué)習(xí)的人們，想要了解相關(guān)的信息，請(qǐng)看下面這些內(nèi)容：

　　eBayhas been telling potential new hires that may spin off its PayPal business by as early as next year, according to a new report today from The Information. If it pulls the trigger, then eBay CEO John Donahoe will have some ‘splainin’ to do.

　　科技新聞刊物《The Information》日前刊登的一篇報(bào)道稱(chēng)，購(gòu)物網(wǎng)站eBay一直向潛在新雇員透露，該公司最快可能會(huì)在明年將支付業(yè)務(wù)PayPal拆分出去。如果邁出這一步，eBay首席執(zhí)行官約翰?多納霍就得做出一些解釋。

　　Earlier this year, activist investor Carl Icahn vociferously agitated for a spinout of PayPal, which he rerred to as a “potential financial juggernaut [that] lies buried inside eBay.”

　　今年早些時(shí)候，維權(quán)投資者卡爾?伊坎曾大聲疾呼拆分PayPal，他把PayPal稱(chēng)為“一個(gè)埋沒(méi)在eBay內(nèi)部的金融巨人”。

　　Donahoe acknowledged that eBay had considered a PayPal spinout but had concluded that it didn’t make much sense. In a January blog post, the company wrote:

　　多納霍承認(rèn)，eBay曾考慮過(guò)拆分PayPal，但最終認(rèn)為此舉并不合理。該公司在1月的博客中寫(xiě)道：

　　Based on what we see today, we continue to believe that the company, our customers and our shareholders are best served by keeping PayPal and eBay together…

　　“基于目前面對(duì)的形勢(shì)，我們?nèi)哉J(rèn)為，PayPal和eBay一體化運(yùn)營(yíng)，最符合公司、客戶(hù)和股東的利益?！?/p>

　　Payments is an essential part of commerce. Everyone loves to shop. No one loves to pay. So we focus on taking the friction out of paying. We strive to make it easy, safe and secure. And we’re innovating to make payments a way to drive engagement and create more value for consumers and merchants.

　　“支付是極為重要的商業(yè)環(huán)節(jié)。大家都喜歡購(gòu)物，但沒(méi)有人喜歡付錢(qián)。因此，我們?nèi)硇牡刂铝τ谙@種支付阻力，并努力讓支付變得便捷、安全和穩(wěn)妥。我們也在不斷創(chuàng)新，試圖讓支付成為推動(dòng)參與感的一種方式，并為客戶(hù)和商家創(chuàng)造更多的價(jià)值?！?/p>

　　This is what we do – and we have been successful exactly because PayPal and eBay are together. It’s why we believe we are so well positioned to lead in the blended worlds of online and offline commerce.

　　“這就是我們所做的工作。正是由于PayPal和eBay結(jié)合在一起，我們才一直能夠立于不敗之地。這也是我們?yōu)槭裁聪嘈盼覀冋幱谝粋€(gè)非常有利的位置，能夠成為在線和線下商務(wù)世界的領(lǐng)導(dǎo)者?！?/p>

　　No other payments competitor has achieved PayPal’s success – because no other competitor has a commerce platform like eBay. In fact, today we see more and more commerce and payments competitors trying to replicate the eBay and PayPal model. We are seeing a convergence of commerce and payments businesses, not a separation.

　　“在支付領(lǐng)域，PayPal創(chuàng)造了其他競(jìng)爭(zhēng)對(duì)手無(wú)法企及的成功，因?yàn)槠渌?jìng)爭(zhēng)對(duì)手都沒(méi)有eBay這樣的商務(wù)平臺(tái)。事實(shí)上，如今越來(lái)越多的商務(wù)和支付競(jìng)爭(zhēng)對(duì)手都試圖復(fù)制eBay和PayPal的模式。商務(wù)和支付業(yè)務(wù)的趨勢(shì)是融合，而不是分離?！?/p>

　　Donahoe also told Fortune: “PayPal will be larger than the eBay Marketplace. PayPal has enormous potential. And we are completely capable of driving that potential.”

　　多納霍向《財(cái)富》雜志透露：“PayPal的規(guī)模將超過(guò)eBay市場(chǎng)。PayPal還有巨大的潛力可挖，而且我們完全有能力釋放這一潛力?！?/p>

　　Icahn ultimately conceded his fight after being given a board member (ex-AT&T CEO David Dorman), and today maintains a 2.48% equity stake in the company. But if eBay goes forward with a PayPal spinout in 2015, it would be a tacit admission that Icahn had been right all along. Moreover, it also would be an acknowledgment that some of the less flattering things Icahn said about Donahoe’s business acumen were on the money.

　　在eBay將美國(guó)電話電報(bào)公司(AT&T)前首席執(zhí)行官大衛(wèi)?多曼納入董事會(huì)后，伊坎最終做出讓步，他目前仍持有該公司2.48%的股份。但是，如果eBay在2015年啟動(dòng)PayPal剝離程序，那也就等于默認(rèn)，伊坎的建議是對(duì)的。此外，伊坎曾用一些不怎么中聽(tīng)的話來(lái)評(píng)論多納霍的商業(yè)頭腦，這樣做也等于完全承認(rèn)了伊坎的這些評(píng)價(jià)。

　　The Information suggests that one new variable was the subsequent departure of PayPal CEO David Marcus for Facebook , and that eBay may need to dangle the “independent company” carrot in order to find a qualified successor. But here it runs into the same dilemma: If eBay really believes PayPal is best off as part of the mothership, why would it want to hire someone who believes differently? And could Marcus have been retained in the first place had eBay followed Icahn’s plan?

　　《The Information》指出，PayPal前首席執(zhí)行官大衛(wèi)?馬庫(kù)斯跳槽至Facebook讓事情出現(xiàn)了新的變化，而eBay可能需要以“PayPal獨(dú)立”為誘餌來(lái)尋找合適的繼任者。然而在這里，eBay又陷入了同樣自相矛盾的境地：如果eBay真的認(rèn)為兩者的結(jié)合才是最符合PayPal利益的出路，那為什么又要聘用一個(gè)意見(jiàn)相左的繼任者?而且，如果eBay一開(kāi)始就聽(tīng)從伊坎的建議，馬庫(kù)斯是不是就不會(huì)離開(kāi)了呢?

　　To be sure, we have seen CEOs fall on their rhetorical swords bore. If eBay does spin out PayPal, then that’s exactly what Donahoe would have to do. The only question is if the resulting wound would be fatal.

　　誠(chéng)然，首席執(zhí)行官們大打口水仗并不是什么稀奇事。如果eBay要拆分PayPal，那么多納霍就只有這一條路可走。唯一的問(wèn)題在于，隨之而來(lái)的傷痛是否致命。